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Showing posts from May, 2025

What is Lending Discrimination?

  🛡️ What Is Lending Discrimination? (And How You Can Protect Yourself) By The Constructive House Channel Imagine you and a friend both want to buy the same kind of bike. You have the same amount of money, the same good grades, and you’ve saved up just like they did. But the person selling the bikes tells you the price is higher—or says you can’t buy the bike at all. That wouldn’t be fair, right? Well, something like this can happen with loans , too—and it’s called lending discrimination . 💰 What Is a Loan? A loan is money that a bank or credit union gives you to help pay for a home, car, or school. You have to pay it back over time. But sometimes, banks treat people unfairly when they ask for a loan. 🚩 What Is Lending Discrimination? Lending discrimination happens when a bank treats someone unfairly just because of things like: Their skin color Where they live Their age If they’re a man or woman That’s not just unfair—it’s against the law . 😕 What Mig...