I recently learned that white southerners could take out a "mortgage" to purchase a slave on credit. How did emancipation affect these lines of credit? Is there any link between these creditors and Jim Crow practices that entrapped former slaves in indentured servitude?

by PokerPirate

Also, how exactly did the process of taking out a loan for a slave work? How much assets did the aspiring slave master need?

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Followup question -- was there any securitisation of slave mortgages? In other words, are there records of sharing a slave with my neighbours based on how much we contributed to their purchase price?