The banks of capitalist countries may establish more rigid credit conditions for some categories of borrowers than for others. Under current conditions, credit discrimination is one of the forms of financial oppression and exploitation of much of the population, including small entrepreneurs, farmers and the purchasers of consumer goods, who use various types of consumer credit. Credit discrimination is used by banks and specialized credit institutions to obtain additional profit and to redistribute scarce monetary resources when the money market is tight.
In order to get a loan you must first prove you don't need it.
It is the responsibility of banks to meet the needs of their owners or shareholders, the market place and their customers. Without making choices about what groups of people can best meet credit obligations there is no way this responsibility can be met. The alternative is extensive and indepth files on individual's credit, life style and personal history.