Bank loans/house loans are based on credit today. How is this different from redlining where Banks looked at data of neighborhoods (credit)?

Redlining was based on geography, not credit worthiness. So you could have good credit but if you wanted a mortgage for a house in a "bad neighborhood" (i.e. one that wasn't predominately Caucasian) the banks wouldn't loan to you no matter how good your own personal credit rating might be. ...Show more

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