Predatory Lending Contracts Cost African-Americans Billions Of Dollars
African-American Households In Chicago Lost Billions Of Dollars Due To Predatory Lending Contracts African-American families in Chicago lost between $3 billion and $4 billion in wealth because of predatory lending contracts during the 1950s and 1960s. African Americans used lending contracts or Land Contracts during the Jim Crow Era because white-owned banks would not lend […]
