Redlining

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Title: Redlining

Essay Details:

Subject: Social Issues

Author: Fred B

Date: October 5, 2016

Level:

Grade: A

Length: 6 / 1527

Essay text:

For African American families (specifically the elderly), other minorities and low-income, it is 60 percent. However, many African American homeowners are at risk of losing their homes and financial security due to the practice of predatory ending. Predatory lending has increased dramatically, targeting not only African Americans but also other minorities, low-income people and elderly homeowners with home equity and credit problems who need cash. What is predatory lending? Predatory lending is a practice in which financial institutions use high fees and unnecessary charges, exorbitant costs and other lending practices to strip the equity from home borrowers...

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