Thread: Red Mapping
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Old 10-10-2011, 02:54 PM   #8
jimhelm
a beautiful fool
 
Join Date: Sep 2010
Location: 39.939705
Posts: 4,504
I didn't read the thread, because it smacks of politics.

There is something called Red Lining in lending..... where if you live in a bad neighborhood, the buyers look harder at the deal. It's technically illegal... like racial profiling... but I think it happens if it's a local bank sometimes.

Like... an applicant in Camden, might be less likely to get approved than one in Merchantville if it's a close thing.
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