nathalie4169 nathalie4169
  • 17-06-2021
  • Business
contestada

The practice of intentionally targeting borrowers in poor or underserved areas with expensive high-cost loans is known as:

Respuesta :

andromache andromache
  • 22-06-2021

Answer:

Reverse redlining

Explanation:

Reverse redlining means the practice that target the neighborhood specially the non-white for the greater prices or lended the non-fair terms like lending used for predatory with respect to the subprime mortgage

So as per the given situation, it is the reverse redlining as it is targetted to the borrowers or the areas having high cost loans

So, the same should be considered

Answer Link

Otras preguntas

Name four behaviors that animals must use to survive
Name four behaviors that animals must use to survive
2 m3 of soil containing 35% sand was mixed into 6 m3 of soil containing 15% sand. what is the sand content of the mixture?
Ned weighs 1.5 times as much as Jill and Tom weighs 15 kilograms more than Jill. If their combined weight is 190 kilograms, how much does each person weigh?
what is a rational number between -1/6 and -2/6
what is E=m² the famous theory of albert einstien?
2 m3 of soil containing 35% sand was mixed into 6 m3 of soil containing 15% sand. what is the sand content of the mixture?
Name four behaviors that animals must use to survive
what is E=m² the famous theory of albert einstien?
what is a rational number between -1/6 and -2/6