_____ mortgage applicants are most frequently offered subprime loans, which charge the highest interest.
A) White
B) African American
C) Wallonian
D) Latino

Question

Quizplus · Accepted Answer

Studies have consistently shown that African American borrowers are more likely to be offered subprime loans with higher interest rates, even after controlling for factors such as credit score and income. This is a form of systemic discrimination known as redlining, where banks and lenders deny or charge more for credit based on a person's race, ethnicity, or location.

_____ Mortgage Applicants Are Most Frequently Offered Subprime Loans, Which