reverse redlining

Definition of "reverse redlining"
  1. The unlawful act of offering unjust credit terms in a certain neighborhood based on discriminatory factors such as the race or ethnicity of the people living there
How to use "reverse redlining" in a sentence
  1. Due to reverse redlining, certain neighborhoods with predominantly minority populations may end up facing unfair financial practices.
  2. Reverse redlining can lead to financial exploitation as residents get trapped in loans with extremely high-interest rates.
  3. To protect the fairness of financial services, laws have been put in place to counter practices such as reverse redlining.

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