Question

Redlining refers to the denial of loans based upon the

A.race of the loan applicant.
B.condition of the property.
C.age of the applicant.
D.location of the property.

Answer 1

Redlining is the practice of denying loans based on the property's location, often affecting primarily minority neighborhoods.

Step-by-step explanation:

Redlining refers to the discriminatory practice of denying or limiting financial services to certain neighborhoods based on racial or ethnic composition without regard to the residents' qualifications or creditworthiness. Specifically, it is related to the denial of loans, mortgages, and other financial services. The correct answer to the question is that redlining refers to the denial of loans based upon the location of the property. This practice was historically widespread, systematically affecting predominantly minority communities and contributing to the wealth gap by impeding their ability to own property and build equity.