by Nikitra S. Bailey
Merely several years back, the scarcity of credit had been a issue for women, low-income Us americans, and borrowers in communities of color. Today, as a result of improvements in technology and alterations in the market, numerous in these populations that are same bombarded with provides from subprime lenders, always check cashers, payday lenders, as well as other fringe bankers. Credit in the us is now more widely accessible than in the past. Yet this expansion happens to be followed by a rise that is sharp predatory lending, which undermines the financial great things about home ownership helping perpetuate the widening wide range space between whites and folks of color.