Racial disparities in lending practices are almost entirely due to lower credit scores among Black and Latinx applicants.

Name: Racial disparities in lending practices are almost entirely due to lower credit scores among Black and Latinx applicants.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Racial disparities in lending practices cannot be attributed solely to lower credit scores among Black and Latinx applicants; they also stem from systemic biases, discriminatory practices, and historical economic inequalities that affect these communities.

Racial Disparities in Lending Practices Are Almost Entirely Due to Lower