How Banks Can Avert Redlining Through Fair,Inclusive and Innovative Marketing Practices
How Banks Can Avert Redlining Through Fair, Inclusive & Innovative Marketing Practices
The term “redlining” originated during the Great Depression to describe the discriminatory practice of intentionally underserving or refusing to lend to populations thought to be less desirable. This practice was typically conducted at the neighborhood level and disproportionately affected urban areas with high concentrations of racial and ethnic minorities. Redlining was one of the mechanisms […]