Without a doubt about Predatory Lending: The Newest Face of Economic Injustice

Without a doubt about Predatory Lending: The Newest Face of Economic Injustice

by Nikitra S. Bailey

Only a years that are few, the scarcity of credit wound up being truly a challenge for females, low-income United States americans, and borrowers in communities of color. Today, because of improvements in technology and alterations in industry, many within these very same populations are bombarded with provides from subprime lenders, always check cashers, cash advance providers, and also other fringe bankers. Credit in america is currently more widely available than formerly. Yet this expansion is actually connected with a razor-sharp boost in predatory lending, which undermines the commercial advantages of home ownership helping perpetuate the widening variety room between whites and individuals of color. Continue reading “Without a doubt about Predatory Lending: The Newest Face of Economic Injustice”