Which term did NACA coin in 1990?

The term "Predatory Lending" was coined by NACA (Neighborhood Assistance Corporation of America) in 1990 to describe harmful lending practices that target vulnerable borrowers, often leading to detrimental financial consequences. This terminology was developed in response to widespread concern about how certain lenders exploited individuals, particularly in marginalized communities, through high-interest loans, misleading information, and terms that were overly burdensome. By naming and defining predatory lending, NACA sought to raise awareness about the tactics used by some lenders and to advocate for stronger protections for consumers against these practices. This led to increased advocacy efforts aimed at creating fairer lending standards and promoting responsible borrowing.

In contrast, the other terms did not originate from NACA in that context or timeframe. While "Fair Lending" and "Affordable Housing" are significant concepts in the housing finance world, as are programs addressing "Home Mortgage Assistance," they do not have the same historical connection to NACA's efforts to combat predatory practices as the term "Predatory Lending" does.