Apr
10
Bros Don’t Let Bros Lend Money
ByMale bonding between lender and borrower can make for poor banking decisions.
Will pleasant chit-chat with a bank loan officer get you the money you want, or is your borrowing destiny tied only to hard numbers such as your debt-to-income ratio?
That may depend on your gender—and your loan officer’s gender. If you’re both men, then mentioning your hobbies, your neighborhood, your kids—otherwise known as “soft” information—does have an impact. But it turns out that your bro across the desk who pledged the same frat and likes the same bars may eventually rue the day he met you…
Bros Don’t Let Bros Lend Money
