reverse redlining n.— «In a practice called “reverse redlining,” the lenders placed borrowers in targeted minority communities into loans they could not afford, later forcing them to go into foreclosure.» —“Memphis...
logbook lending n.— «Increasing numbers of borrowers with bad credit records are resorting to taking out loans with exorbitantly high interest against the value of their cars, according to debt counselling charities. The practice, known...
scratch and dent loan n. a loan or mortgage that has become a risky debt investment, especially one secured with minimal documentation or made by a borrower who has missed payments. (source: Double-Tongued Dictionary)