_____ is the practice by a financial institution of refusing to grant home loans or home-improvement loans to people living in low-income neighborhoods.

Question

Quizplus · Accepted Answer

Redlining is the practice of denying home loans or home-improvement loans to people living in low-income neighborhoods. This practice is discriminatory as it targets people based on the location of their homes rather than their creditworthiness. Redlining has contributed to the lack of investment and disinvestment in many low-income neighborhoods, perpetuating poverty and inequality.

_____ Is the Practice by a Financial Institution of Refusing