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
2024-10-09
44
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] 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:https://tihaiku.com/zcyy/3794071.html
相关试题推荐
Americansoftensaythatthereareonlytwothingsapersoncanbesureofi
YoungerAmericanswillhavetotakeourwordforit;therewasatime,wayb
MillionsofAmericansruntothebankorvisitautomatedtellermachineswh
MillionsofAmericansruntothebankorvisitautomatedtellermachineswh
MillionsofAmericansruntothebankorvisitautomatedtellermachineswh
Indigitalelectronics,signalsarebrokendownintothousands,maybemillions,_
Asthecostofgasandoilforhomeheatinghasgoneup,manyAmericanshav
Asthecostofgasandoilforhomeheatinghasgoneup,manyAmericanshav
Asthecostofgasandoilforhomeheatinghasgoneup,manyAmericanshav
Factoriesaresuppliedwith______machines.A、plentyofB、agreatdealofC、vasta
随机试题
PASSAGEFOUR[br]WhatdoesthedescriptionofthecurrentU.K.inflationimply
Bodylanguagereferstoexpressionsandbodymovements.Itisanimportantw
NotuntilIarrivedatthegateofschool______back,A、hehadturnedB、hedidn’
[originaltext]W:I’mreallyangryatJohn.Heneverlistenstome.M:Takeite
“光盘行动”(“ClearYourPlate”Campaign)建议用餐者吃光盘子里的东西,鼓励将剩菜打包带走,以免浪费粮食。现在,中国的不少饭店都
[originaltext]Demographyisnotdestiny.Asthedebateoveraginggetsunde
多层平壁一维导热中,当导热率为非定值时,平壁内的温度分布为( )。A.直线
对于产气荚膜梭菌,叙述错误的是A.在血平板培养基上,多数菌株不溶血 B.革兰阳
根据《招标投标法》,建设施工项目的投标文件应当包括的内容有()。 A、项目
在一展览馆的楼面上,有一静止的展品及其墩座,其自重的标准值共为30kN;墩座经厚
最新回复
(
0
)