首页
登录
职称英语
Millions of Americans run to the bank or visit automated teller machines when
Millions of Americans run to the bank or visit automated teller machines when
游客
2024-11-02
50
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 bank 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 States--one for every two banks. Data suggest these pawnshops made about 35 million loans, providing that Caskey and Zimund estimate as 1 percent of the nation’s consumer credit. [br] What do the underclass people do when they need cash?
选项
A、They go to local banks for help.
B、They apply for credit cards.
C、They ask for a loan from large banks.
D、They apply for a loan in a pawnshop.
答案
D
解析
细节理解题。由文章第二段可知穷人需要现金时不是去银行,而是去当铺,因此D选项为正确答案。 A、B、C选项是指的大多数美国人的做法。
转载请注明原文地址:http://tihaiku.com/zcyy/3827599.html
相关试题推荐
Grainproductionintheworldis______,butstillmillionsgohungry.A、staggeri
TheWHOsaysmillionsofpeopleareatrisk______.[originaltext]TheWorldHe
NativeAmericansprobablyarrivedfromAsiainsuccessivewavesoversevera
NativeAmericansprobablyarrivedfromAsiainsuccessivewavesoversevera
MillionsofAmericansruntothebankorvisitautomatedtellermachineswhen
MillionsofAmericansruntothebankorvisitautomatedtellermachineswhen
MillionsofAmericansruntothebankorvisitautomatedtellermachineswhen
Americansoftensaythattherearetwothingspperson______inlife:deathand
TheAmericansareahighly_________people.Mostofthemliketotravelwheneve
Videorecordersandphotocopiers,eventicketmachinesontherailway,often
随机试题
[img]ct_epem_epelisv_00671(20097)[/img][br][originaltext]F:I’dprefertheme
Itwasverykindofhim______thedoorforus.A、foropeningB、andopenC、toope
Theyknowundergroundlendingisvery______becauseofthehighinterestrates,b
[originaltext]W:Howdoyoufindyournewapartment?M:Well,it’squitenicere
农村土地产权制度沿革经历了以下过程:①农村土地集体所有制的建立;②农民土地所有制
(2018年)根据《企业会计准则第1号——存货》的规定,发出存货计价方法包括(
以下哪个是颌面部生长的快速期A.4~7岁,第一恒磨牙萌出 B.16~19岁,第
《中华人民共和国药品管理法》规定实行特殊管理的药品是A、麻醉药品、精神药品、医疗
血管扩张药改善心脏功能的原因是A.减轻心脏前后负荷 B.降低外周阻力 C.减
我国工程担保中,履约担保可以采用( )的形式。A.企业相互担保 B.履约担保书
最新回复
(
0
)