2. 考研
  3. What would you rather lose: your house or your car? 【F1】In America, where a car is usually essential to get to work, many borrow

What would you rather lose: your house or your car? 【F1】In America, where a car is usually essential to get to work, many borrow

admin2019-08-08  0
问题    What would you rather lose: your house or your car? 【F1】In America, where a car is usually essential to get to work, many borrowers would sooner lose their house, which explains why in the years after the crisis, mortgages were more likely to go bad than car loans. It also explains why auto loans, unlike mortgages, are booming. New loans reached 371 billion in the year to June, up 7.4% from the previous year and 64% since seven years ago. Auto loans, made to the riskiest borrowers, have grown even faster, by 93% since seven years ago.
   【F2】This growth is due to rising car sales and ample credit as banks, finance companies and carmakers’ financing arms compete to lend to consumers, either directly or via car dealers. Those loans are then packaged into securities for yield-hungry investors. Experian, a credit-scoring agency, reckons 85% of new and 54% of used cars are now bought with loans, compared to 79% and 52% nine years ago.
   【F3】A car loan is a complex transaction that hinges not .just on the price of a car, but also on its trade-in value, extras such an extended guarantee or rust proofing, and most important, the interest rate. A dealer typically selects a quote from a bank or finance company via his computer and marks it up. The higher the markup, the greater the payment he receives from the lender.
   【F4】Consumer advocates are bothered that this process leaves the unsophisticated—as customers with bad credit rating tend to be—at the mercy of unscrupulous dealers. They may be charged a higher rate despite qualifying for a lower one, sold unneeded or overpriced extras, or even told, a few days after they drive off with the car, that their loan was turned down and they must pay a higher rate. "None of the prices are fixed, and each unfixed price is a potentially offensive negotiating point," says Tom Domonoske, a lawyer who represents hurt buyers. Consumer advocates would like markups replaced with a flat fee.
   【F5】The Consumer Financial Protection Bureau (CFPB), a new watchdog agency set up after the financial crisis, is also worried that lots of borrowers get a raw deal. It considers dealers’ discretion over markups an invitation to discrimination. Dealers are fuming at the CFPB’s muscle-flexing. Competition, they say, ensures that customers get the best rate; dealers need discretion to compete. By raising costs, stricter regulation may actually reduce the amount of credit available.
【F1】
选项
答案在美国，汽车往往是上班不可或缺的工具，所以很多借贷者宁愿失去房子(也不愿失去车子)，这便解释了为什么金融危机后的那几年房贷较车贷更容易形成烂账。
解析 ①本句为多重复合句，主句的主干是many borrowers would sooner lose their house。②句中where引导的定语从句修饰American，说明美国汽车的使用情况。③句中which引导的非限定性定语从句修饰前面的整个主句，解释说明出现前面情况的原因。此外，该从句中还包含why引导的宾语从句。宾语从句中比较结构A be more likely to do than B意思是“比起B，更容易发生A”。
转载请注明原文地址:https://kaotiyun.com/show/iJ2Z777K
0

考研英语一

相关试题推荐
随机试题
最新回复(0)