YOU ASK:
What is the definition of Redlining?
WE ANSWER:
Redlining refers to the term when a map is encircled with a red line. The area enclosed with the red line (or circle) means that applicants living in that area are denied a certain kind of insurance coverage.
The practice of redlining is illegal since risk and the probability of that happening should be the basis for denying insurance coverage to someone. Redlining was practiced in the United States during the 1970s but was later banned since it has the tendency to hurt communities and its residents. These people are affected since they are discriminated against with regards to getting insurance, and taking out loans.
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