首页
登录
职称英语
Millions of Americans run to the bank or visit automated teller machines wh
Millions of Americans run to the bank or visit automated teller machines wh
游客
2023-11-12
72
管理
问题
Millions of Americans run to the bank or visit automated teller machines when they need cash. They use credit cards when they want to buy clothes, VCRs, or television sets.
But there is an underclass—people with low incomes and no credit history—who visit their neighbourhood pawnshops when they need cash or a loan.
An estimated 20 percent of the US population has no bank account, more than half of this group don’t have credit cards and cannot get bank loans.
"These people are borrowing an average of $ 50," said John P. Caskey of Swarthmore College in Swarthmore, Pennsylvania. "If you add up in terms of how much dollar value pawnshops provide they don’t look very important. If you add up how much of the population they serve or the number of loans they make, they are important."
Because they make loans, pawnshops are a type of bank, often calling themselves "the bank of the little people".
Caskey and Swarthmore student Brain Zikmund in 1989 looked at the importance of pawnshops in the US economy—the first serious study of the subject since the 1930s.
Their conclusion: pawnshops are the consumer’s lender of last resort.
Pawnshop customers typically cannot get credit at mainstream financial institutions. They have poor credit records, excessive debt in relation to their incomes, low and unstable incomes, or cannot maintain positive hank account balances.
Typically, pawnshop customers borrow relatively small amounts that traditional lenders are unwilling or unable to provide on a secured basis.
"If you look at total consumer credit, the amounts provided by pawnshops remain small," Caskey said. "They are lending primarily to low-income people. In terms of the population they serve, they’re really important."
In 1988, about 6. 900 pawnshops operated in the United Stales—one for every two banks. Data suggest these pawnshops made about 35 million loans, providing that Caskcy and Zimund estimate as 1 percent of the nation’s consumer credit. [br] According to John P. Caskey, pawnshops are important because ______.
选项
A、they provide great dollar value to the poor
B、they make big loans
C、they are serving the majority of the population
D、they make a large number of loans to the poor
答案
D
解析
细节理解题。由文章最后一段可知,“当铺为穷人提供了大量的借款“,因此,D选项为正确答案。A、B选项与文意不符。C选项与事实相反,由文章第三段第一句可知,大约只有10%的人(即穷人)才使用当铺,而不是大部分人。
转载请注明原文地址:http://tihaiku.com/zcyy/3179509.html
相关试题推荐
Wherecanpeopletakeadulteducationcourses?[br][originaltext]Millions
Wherecanpeopletakeadulteducationcourses?[br][originaltext]Millions
Wherecanpeopletakeadulteducationcourses?[br][originaltext]Millions
Wherecanpeopletakeadulteducationcourses?[originaltext]Millionsofpe
Underthedifficultfinancialsituation,Americans______.[br][originaltext]
WhydidtheauthormentiontheproportionofAmericanswhoareexpecttoturnou
Welearnfromthepassagethat[br][originaltext]MostAmericansthinkthe
Welearnfromthepassagethat[br][originaltext]MostAmericansthinkthe
AsimplepieceofropehangsbetweensomeenvironmentallyfriendlyAmericans
Americansoftensaythatthereareonlytwothingsapersoncanbesureofi
随机试题
Directions:Thereisanadvertisementbelow.Afterreadingit,youarerequired
OvercomingtheLanguageBarrierThediscoverythatlang
(1)Youshouldtreatskepticallytheloudcriesnowcomingfromcollegesand
Allofthetechnologicaladvancesthathaveincreasedthequalityofmusich
电气火灾监控设备报警功能检测不符合要求的是()。A.监控设备与现场部件之间的连
男,71岁,患糖尿病10余年,一直服用格列本脲每日7.5mg,近一周来心悸、乏力
患者,女,30岁。患有系统性红斑狼疮,长期大量服用糖皮质激素治疗。最可能的不良反
某飞机库为Ⅱ类飞机库,下列有关该飞机库安全疏散和供配电的说法中,不正确的是()
建设项目竣工环境保护验收监测(调查)报告由()。A.具有资质的单位编制
变压器的主要技术参数有( )。A.工作频率 B.固定方式 C.额定功率
最新回复
(
0
)