首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Security is required on loans for several reasons. One of the most common is probably the borrower’s financial weakness. Such we
Security is required on loans for several reasons. One of the most common is probably the borrower’s financial weakness. Such we
admin
2012-01-26
99
问题
Security is required on loans for several reasons. One of the most common is probably the borrower’s financial weakness. Such weakness may be indicated by several factors, including heavy obligations to creditors, poor management, and insufficient income. Borrowers in this financial condition can strengthen their credit by pledging certain assets. Having a secured loan may also be a psychological advantage for a bank. As long as the borrower has greater equity in the pledged assets than does the bank and the bank is in a preferred position and can foreclose in the event the loan agreement is broken, the borrower has a strong incentive to repay the obligation. The length of a loan also has a bearing on whether it will be secured. As the term of the loan lengthens, the risk of non-repayment increases. Loans for purchasing real estate are nearly always secured, especially if the funds are borrowed for long periods of time, because of risk of non-repayment.
Unsecured loans are based more exclusively on the borrower’s integrity and financial condition, expected future income, and past record of repayment. Contrary to popular belief, the largest loans and the greatest dollar volume of loans made by some banks are often granted on an unsecured basis. The largest commercial borrowers are able to borrow on an unsecured basis. Some companies are considered by banks to be prime borrowers, and in many cases they receive the most favorable interest rate. Such companies have competent management, products and services that are well accepted in the marketable, relatively stable profits, and a strong financial condition. They provide their banks with financial statements from which it is relatively easy to determine their financial condition and keep track of their progress.
Business firms are not the only ones who borrow on an unsecured basis—many individuals enjoy this privilege. Persons who own their homes, have a steady job which they have held for years, and have a record of prompt payment both at the bank and at retail stores are commonly in a position to borrow on an unsecured basis. An applicant’s ability and willingness to pay are projected into various situations.
According to the passage, which of the following about the borrower’s financial weakness is false?
选项
A、Past record of repayment.
B、Low profitability.
C、Poor management.
D、Heavy obligations to creditors.
答案
A
解析
文章第一段提到One of the most common...and insufficient income. 说明借款人财务状况不佳的因素是由于公司管理不善、对债权人的大量债务,以及收入水平低。因此,A选项错误。
转载请注明原文地址:https://kaotiyun.com/show/4KYd777K
本试题收录于:
FECT综合(现代金融业务)题库金融英语(FECT)分类
0
FECT综合(现代金融业务)
金融英语(FECT)
相关试题推荐
RulesforReadersReadersaged18andabovecanusetheLibrary.OnpublicholidayssuchasNewYear’sDay,LaborDayand
JackhisJoblastweek.Itwasdifficultforhimtofindanother【C1】______.【C2】______toldhimthatitwaspossibletogetanew
Mr.andMrs.RajahHassimweregoingtoeatout.Mr.Hassimtelephonedinthemorningandreserved(预定)atableinSpringRestau
Mr.andMrs.RajahHassimweregoingtoeatout.Mr.Hassimtelephonedinthemorningandreserved(预定)atableinSpringRestau
A、No,youcanuseyourcreditcard.B、Yes,youcanuseyourcreditcard.C、Yes,youcannotuseyourcreditcard.B
A、I’lleatout.B、Ilikecooking.C、I’mmakingcakes.C
ARequiredReserveRatioisafractionofthedepositsofthepublicthatabankholdsinreserve.
WemeetsthechallengeofglobalizationTenyearsago,USbankersandbrokerstalkedaboutglobalization.Capitalbarriersw
Indocumentarycollection,theexporterspresentthedocumentsto______aftergoodshavebeenshipped.
Adraftislikeacheckthatcanbeendorsedbutitisn’tatitletogoods,like______.
随机试题
患者,男,65岁。近5年感活动后气促、心累,感冒后夜间不能平卧。服用地高辛及氢氯噻嗪。2周来上感后症状加重,纳差。查体:BP130/75mmHg,颈静脉怒张,双肺底细湿啰音,心界扩大,心率75次/分,主动脉瓣区3/6级收缩期及主动脉瓣副区舒张期杂音,肝肋下
妊娠合并糖尿病的产妇分娩时的护理正确的是
A.肺、肾B.肺、心、肝C.心、脾、肺D.肺、脾、肾E.肺、肝、肾
《精神药品管理办法》规定,精神药品分为第一类和第二类的依据是
低血钾可引起()
对于SMA混合料,飞散试验是检验结合料与集料黏附性的方法。()
Wemaintainthatingeneralafocusonpositiveinformationbenefitswell-being.However,thereareprobablyconditionswhenac
Friday’strainingsessionwillincludean______ofcompanybenefitsfornewemployees.
SavingsIntheUnitedStates,peoplewhowanttostartasavingshavemanychoices./Banksandcreditunionsaretraditiona
Theeurozone,whichhasadoptedtheeuroasitssolelegalcurrency,isnow15memberslargeandhasacombinedpopulationofa
最新回复
(
0
)