Toyota Motor Credit to pay up to $21.9 million in racial discrimination probe

WASHINGTON, Feb. 3 (UPI) — The Consumer Financial Protection Bureau announced a settlement with Toyota Motor Credit Corp. over racially motivated pricing policies.

The bureau worked with the U.S. Department of Justice to compel the company to alter its pricing and compensation methods to reduce dealer involvement in setting discretionary interest rates, the bureau said Tuesday in a statement.

The company will also pay up to $21.9 million in restitution to African-American and Pacific Islander customers who paid higher rates than white customers. An investigation revealed that, from 2011 to 2016, Toyota Motor Credit violated the Equal Credit Opportunity Act by encouraging dealers to charge some classes more for loans. The statement said that, on average, African-American borrowers were charged $200 more for their car loans, and Pacific Islanders, on average, $100 more, than white customers.

It is the fourth time the bureau and DOJ worked to address the disparity in lending rates by race. Since 2013, Ally Financial and Ally Bank Inc., American Honda Finance Corp. and Fifth Third Bank have each paid fines, and adjusted their policies, after a government investigation.

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BlackLivesMatter Activism Tweets 12.17

BlackLivesMatter Activism Tweets 12.17

Privatization and Policing “Black Colonies”: the Death of Alonzo Smith

Pan-African Community Action (PACA) convened a rally in Washington, D.C. Saturday to call for answers in the death of Alonzo Smith while in private police custody

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#Decolonize and stop the oppression

VIDEO: Bigot Cop Blows Fuse, Threatens Black Man, Tells Him “I Don’t Care About Your People”

As if racial tensions in the United States weren’t high enough, a clueless and racist Georgia cop just did his part to raise them even higher.

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Cops Cross Thin Blue Line, Leak Info Showing Racist Officers Planted Drugs & Guns on 1,000 Black Men

Leaked documents reveal that an Alabama police department planted drugs and guns on innocent black men for years, and prosecutors helped cover it up.

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6 Phrases With Surprisingly Racist Origins

Ever wonder where phrases like, “no can do” and “the peanut gallery” come from? Well, these everyday phrases have some VERY racist beginnings! Join Franchesca on this week’s episode of Decoded, as she gives a brief history lesson in common phrases that most people don’t think twice about. Do you know of any phrases with racist origins Share a few and be sure to discuss your thoughts in the comments!

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If we speak English the way most people speak English, we will automatically be acting out racism.

Santa Monica police investigating Black exec’s detention that was based on race

Santa Monica’s police chief Wednesday defended her officers and a 911 caller after a black executive claimed that, because of her race, she was detained as a burglary suspect at her own home.

Fay Wells wrote in a piece published by the Washington Post that she locked herself out of her apartment late one night in September and called a locksmith to get back inside. A  neighbor — whom Wells described as white — called 911, reporting a burglary in progress. That triggered a response by at least 16 officers who detained Wells at gunpoint, according to her article.

Wells identified herself in the Post as a vice president of strategy for an unnamed California company.

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[VIDEO] Obama praises Mizzou protesters…

President Obama says he supports the protesters at the University of Missouri for speaking out against the racism they say they’ve experienced on their campus. “The civil rights movement happened because there was civil disobedience, because people were willing to go to jail,” Obama told George Stephanopoulos in an interview that aired on ABC’s “This Week” Sunday. I want you to be somebody who’s strong and sees themselves as somebody who’s looking out for the vulnerable.’ “But I tell ’em, ‘I want you also to be able to listen,’” Obama continued.

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Democracy Requires Real (and more) Debate: Demand a #BlackLivesMatter Presidential Debate

UPDATE 10/22/15 regarding DNC response to our campaign (Full Statement Linked Below):

It is a given that our network, in collaboration with our allies and supporters, will conduct issue forums and town hall meetings at the local, regional and national levels to help our communities make informed choices in 2016 that help advance our collective interests.

We want a debate supported by the DNC that will speak directly and proactively to the issues impacting black people in this country….

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