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� <br /> , � , ' ', <br /> person who would be liable for repayment of the loan. ' <br /> F. Utilize lending standards that have no economic basis <br /> and which constitute unlawful discrimination. <br /> Section 7-3 . It is a human rights violation for a person <br /> who offers credit cards to the public in the City of Decatur: , <br /> A. To refuse to issue a credit card, upon proper <br /> application, on the basis of unlawful discrimination. <br /> B. To fail to inform an applicant for a credit card, upon <br /> request, of the reason that his or her application for a credit <br /> card has been rejected. <br /> Section 7-4 . Nothing contained in this Article shall <br /> prohibit: <br /> A. A financial institution from considering sound <br /> underwriting practices in contemplation of any loan to any <br /> person. Such practices shall include: <br /> (1) The willingness and financial ability of the <br /> borrower to repay the loan. <br /> (2) The market value of any real estate or other <br /> item of property proposed as security for any loan. <br /> (3) Diversification of the financial institution's <br /> investment portfolio. <br /> B. A financial institution or a person who offers credit <br /> cards from: <br /> (1) Making an inquiry of the applicant' s age, <br /> permanent residence , immigration status , or any <br /> additional information if such inquiry is for the <br /> purposes of determining the amount and probable <br /> continuance of income levels, credit history, or other <br /> pertinent element of credit-worthiness. <br /> (2) Using any empirically derived credit system <br /> which considers age if such system is demonstrably and <br /> statistically sound, except that in the operation of <br /> such system the age of an applicant over the age of 62 <br /> years may not be assigned a negative factor or value. <br /> C. A financial institution from refusing to extend credit <br /> when required to by or pursuant to any: <br /> 17 <br />