Credit discrimination

Other Names:
Inequitable credit extensions
Geographically denied credit
Redlining denies loans
Prejudicial treatment towards borrowers

The banks of capitalist countries may establish more rigid credit conditions for some categories of borrowers than for others. Under current conditions, credit discrimination is one of the forms of financial oppression and exploitation of much of the population, including small entrepreneurs, farmers and the purchasers of consumer goods, who use various types of consumer credit. Credit discrimination is used by banks and specialized credit institutions to obtain additional profit and to redistribute scarce monetary resources when the money market is tight.

Commerce Credit
Geography Geography
Related UN Sustainable Development Goals:
GOAL 8: Decent Work and Economic GrowthGOAL 10: Reduced Inequality
Problem Type:
E: Emanations of other problems
Date of last update
14.01.2022 – 16:14 CET