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Status: Closed — this petition is no longer accepting signatures.

Ban the use of credit scores to qualify for a primary residence in California.

Ban the use of credit scores to qualify for a primary residence in California.

Closed — 21 supporters Verified

Final supporters

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+11 more
Started by Anonymous 13 years, 8 months ago

The citizens of California need to eliminate the use of credit scores when it comes to applying for financing only for a primary residence in the State of California

 

There are a lot of families in the State of California that can financially handle the responsibilities of home ownership but they are being segregated by lower credit scores and are forced to rent at levels equal to or greater than the cost of home ownership.

 

The current credit scoring model is used as a control process to keep good people away from the dream of home ownership.

 

By removing the use of credit scores as part of the qualification process for home financing, this will allow more people the opportunity to achieve the dream of home ownership, thus putting more money back into the economy.

 

Sign this petition and let’s see if we can make a change.

2 Comments

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Mike Barnes
13 years ago Featured

its crazy that i can pay 3k a month in rent on time for years but cant get a loan because of one medical bill from 5 years ago. the system is rigged against normal people.

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Sarah Osborne
13 years ago Featured

FINALLY. Rents are way too high and we need a path to own our own homes without these stupid scores blocking us.

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