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
40
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] 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:https://tihaiku.com/zcyy/3827601.html
相关试题推荐
TheWHOsaysmillionsofpeopleareatrisk______.[br][originaltext]TheWo
TheWHOsaysmillionsofpeopleareatrisk______.[originaltext]TheWorldHe
NativeAmericansprobablyarrivedfromAsiainsuccessivewavesoversevera
NativeAmericansprobablyarrivedfromAsiainsuccessivewavesoversevera
MillionsofAmericansruntothebankorvisitautomatedtellermachineswhen
MillionsofAmericansruntothebankorvisitautomatedtellermachineswhen
MillionsofAmericansruntothebankorvisitautomatedtellermachineswhen
Themillionsofcalculationsinvolved,hadtheybeendonebyhand,______allpr
Americansoftensaythattherearetwothingspperson______inlife:deathand
Videorecordersandphotocopiers,eventicketmachinesontherailway,often
随机试题
ComingSoon:theNextGreatFluFpidemicThevirusfirstcameto
Theconditionsofartshouldbesimple.Agreatdealmoredependsuponthehe
吴文英是()。A.《梦窗词》的作者 B.在南宋词坛与辛弃疾、姜夔鼎足而三的作
细菌约占粪便干重的多少A.1/3B.1/2C.1/4D.2/3E.1/5
在分娩过程中,会阴切开的最佳时机是A.胎头拨露 B.胎头着冠 C.子宫收缩最
()负责对一类变电站进行检查与考核,对二、三、四类变电站进行抽查。(A)省公
在教学中讲授“果实”的概念时,既选可食的果实,又选不可食的果实(如棉籽等),这样
( )是由美国心理学家乔治?凯利研究出来的一种方法,是他的个性形成理论的一部分
根据我国《反倾销条例》规定,倾销进口产品的出口经营者在反倾销调查期间,可向商务部
(2019年真题)根据《建设项目环境风险评价技术导则》(J169—2018),环
最新回复
(
0
)