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 mortgage loans; Discrimination in consumer credit;
Bibliographic Information
Provider: Federal Reserve Bank of Chicago
Part of Series: Consumer and Community Affairs Policy Studies
Publication Date: 2000
Number: 2000-2