Discussion Paper

Small-business access to trade credit: some evidence of ethnic differences


Abstract: Based on findings from a survey of Black Households, this paper highlights socioeconomic and demographic factors that many influence the utilization of different financial markets. In addition, it discusses the potentially important role that informal financial networks can play in racial/ethnic communities. We propose that education programs, proactive community participation and partnerships between financial institutions and community organizations are important for greater access to credit and financial services among Black Households.

Keywords: Discrimination in consumer credit; Discrimination in mortgage loans;

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Consumer and Community Affairs Policy Studies

Publication Date: 2000

Number: 2000-2