Financial institutions to exploit poor people, History

Assignment Help:

Redlining, a process used by financial institutions to exploit poor people, refers to

1) exorbitant fees assessed by banks for cashing payroll checks.

2) refusal to lend money for mortgages or home improvements based on home's location in an undesirable neighborhood.

3) requiring higher minimum checking account balances of banking clients considered to be "high-risk."

4) refusal of loans based on bad credit ratings.

Note: Justify your answer.


Related Discussions:- Financial institutions to exploit poor people

United states to declare war on great britain in 1812, Describe the major i...

Describe the major issues that eventually led the United States to declare war on Great Britain in 1812.

Join the union when he is hired, The open shop allows a worker to choose no...

The open shop allows a worker to choose not to join the union when he is hired.

In the context of the cold war, Did the United States, IN THE CONTEXT OF TH...

Did the United States, IN THE CONTEXT OF THE COLD WAR, need to "take a stand" in Vietnam? DETAILS PLEASE! Its for an essay question on final exam.

Is incident at oglala a documentary, Is Incident at Oglala a documentary? ...

Is Incident at Oglala a documentary? A) No, it is what some would call a docu-drama where real people (not vehicles or weapons) are substituted with trained actors B) Yes, it co

For what reasons did the central powers lose ww1, In an essay form answer: ...

In an essay form answer: For what reasons did the Central Powers lose WW1. with as much info that includes the British Naval blockade, the British fleets and mines, the Schlieffen

What is black codes in the ex-confederate states, The "Black Codes" in the ...

The "Black Codes" in the ex-Confederate states: [a] established racial segregation during Congressional Reconstruction [b] set up the Freedmen's Bureau [c] were very similar to the

Describe to me exactly what president wilson did, Can somebody please expla...

Can somebody please explain to me exactly what President Wilson did Before, during, and after World War 1? Then give your personal ranking. Thanks

The revolution of 1800, Why did many americans call the election of 1800 "t...

Why did many americans call the election of 1800 "the Revolution of 1800" and were they correct in doing so? Explain in great detail

What are ethical issues regarding factoring multiculturalism, What are the ...

What are the ethical issues regarding factoring multiculturalism and diversity into appointing and promoting faculty?

Which wilson defeated roosevelt in the 1916, What was the platform on which...

What was the platform on which Wilson defeated Roosevelt in the 1916?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd