Debtor Nation Chapter 6

For many white policymakers, what explained the Ghetto Riots?

• Lack of Ownership

• Lack of consumption

What did the rioters rebel against in low-income communities? (two correct answers)

• poor consumers having to pay more to get less.

• the selling of high-quality merchandise at affordable costs.

• public shaming when their goods were repossessed.

• wealthy consumers having to pay more to get less.

What kind of credit did Progressive groups like NOW (National Organization for Women) promote to insure equal credit access for all?

• Universal Healthcare

• Universal credit

• Community Credit

• Open credit

What was it called when a middle-class woman, sent by a credit bureau, would call on the woman of the house of a newly moved middle-class family?

• Welcome Wagon or Welcome Newcomer

• Realtor

• secret agent

• welcome woman

Why was a Welcome Wagon important?

• To make sure families felt welcomed into their new home.

• show how someone took care of their home carried over into other habits of their life

Which act, with amendments, prohibited discrimination by race, religion, national origin, or age?

• Equal Credit Opportunity Act

• National Organization for Women

• Fair Credit Reporting Act

• Credit Data Corporation

Between single, married and divorced women in the 60s – 70s which group had the easiest time establishing a credit identity?

• married

• Single

• divorced

• they all had equal experiences

The low-income neighborhoods charged higher interest rates than wealthy neighborhoods. And installment credit often being the only credit available affected credit in low-income neighborhoods.

• True

• False

BankAmericard treated women the same as retail stores and resisted giving them credit identities.

• True

• False