Which of the following is an example of discriminatory lending practices?

Discriminatory lending practices refer to actions by lenders that unfairly limit or deny access to loans based on specific characteristics of borrowers, such as race, gender, or geographic area, rather than their creditworthiness or financial stability.

Redlining is a specific form of discriminatory lending where lenders refuse to offer loans or insurance to individuals in certain geographical areas, often based on the racial or ethnic composition of those areas. This practice not only denies individuals the opportunity to purchase homes or secure financing but reinforces systemic inequalities within communities.

In contrast, accepting high-risk borrowers, assisting all applicants uniformly, and offering a variety of loan products do not constitute discriminatory practices. These actions reflect inclusive lending policies aimed at providing equal access to financial services for all applicants, regardless of their background or location. Therefore, recognizing redlining as discriminatory lending highlights the importance of fair lending standards to prevent discrimination in the financial services industry.