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
Millions of Americans run to the bank or visit automated teller machines when they need cash. They use credit cards when they wa
Millions of Americans run to the bank or visit automated teller machines when they need cash. They use credit cards when they wa
admin
2013-09-28
79
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.
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://kaotiyun.com/show/6tLK777K
0
专业英语四级
相关试题推荐
Thedeclineinmoralstandards—whichhaslongconcernedsocialanalysts—hasatlastcapturedtheattentionofaverageAmericans.
Surprisingly,nooneknowshowmanychildrenreceiveeducationinEnglishhospitals,stilllessthecontentorqualityofthate
Culturalnormssocompletelysurroundpeople,sopermeatethoughtandactionthatweneverrecognizetheassumptionsonwhichth
ToplotShakespeare’slifeistobecomeinvolvedinakindofdetectivestory______thereareplentyofcluesbutverylittleel
ThemainroadthroughLittleburywasblockedforthreehourstodayafteranaccident________twolorries.
Howmanypeoplewerekilledinthemassacre?
Wemightmarvelattheprogressmadeineveryfieldofstudy,butthemethodsoftestingaperson’sknowledgeandabilityremain
Manycriticsconsiderthatfarmorestressisplacedonachievementsinathleticsthanintheacademicsphere.We’retoldthati
Fromchildhoodtooldage,wealluselanguageasameansofbroadeningourknowledgeofourselvesandtheworldaboutus.When
Fromchildhoodtooldage,wealluselanguageasameansofbroadeningourknowledgeofourselvesandtheworldaboutus.When
随机试题
在以效率衡量政策时,效率标准的重点在于_______。
多媒体技术的特点不包括_____。
I’musuallyfairlyskepticalaboutanyresearchthatconcludesthatpeopleareeitherhappierorunhappierormoreorlesscert
急性感染性心内膜炎的特点是
患者,女性,71岁,晨练时突然摔倒,意识丧失,大动脉搏动消失。护士应首先采取的措施是
在土地利用总体规划确定的城市建设用地范围外,单独选址的建设项目使用土地的,建设单位应当向土地所在地的()提出用地申请。
材料的耐久性是一项综合性质,一般包括()。
在用Word编辑时,文字下面的红色波浪下划线表示()。
教育学研究的对象是【】
图例:粉年无逻
最新回复
(
0
)