After 40 years of fair credit laws, racial discrimination continues

Each year observances and events offered in recognition of Black History Month offer opportunities for people of all colors and locales to reflect on the unique experiences of Blacks both past and present. Many of the annual observances chronicle progress since the passage of laws adopted years ago to ensure that Black citizens and others of color would enjoy all freedoms and benefits that come with citizenship.
Yet in recent months, too many headlines have illustrated how multiple forms of injustice still plague Black America. Whether from Ferguson to Flint or Chicago to Cleveland, the barrage of assaults remind us how far our journey towards justice has yet to go.
And when it comes to credit and financing, racial disparities remain despite a 42-year old federal law guaranteeing fair treatment in lending. Four decades ought to be long enough for businesses and corporations to accept and comply with the law of the land.