A lending practice of banks includes the __________ of certain properties so that acquiring a loan is virtually impossible.

Question

Quizplus · Accepted Answer

Redlining is the practice of discrimination against certain neighborhoods or properties by denying or limiting financial services, such as loans or insurance, based on factors such as race or ethnicity. It involves drawing a red line around certain areas on a map indicating they are high-risk or undesirable, making it extremely difficult for residents or property owners in those areas to obtain loans or other financial services.

A Lending Practice of Banks Includes the __________ of Certain