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
How Do American Consumers Borrow? Young consumers often have not established their credit ratings. Many do not have steady i
How Do American Consumers Borrow? Young consumers often have not established their credit ratings. Many do not have steady i
admin
2011-01-01
91
问题
How Do American Consumers Borrow?
Young consumers often have not established their credit ratings. Many do not have steady incomes. They might have difficulty borrowing money from an agency in business to make loans. Parents or relatives are usually their best source of loans. Of course, the parents or relatives would have to have money available and be willing to lend it. You might even get an interest-free loan. However, a parent or relative who lends should receive the same interest as any other lender.
There are disadvantages in borrowing from parents or relatives. One is that they may not insist on you paying back the money by a certain time. As a result, you might let the loan drag on. This is especially true if you are not required to pay interest. This is not a way to develop good credit habits.
For most consumers, the cheapest place to borrow is at a commercial bank. Banks are a good source of installment loan which may run for 12 months or up to 30. Most banks also make single payment loans to consumers for short periods — 30, 60, or 90 days.
The newest type of bank loan is one that a depositor can get simply by writing a check. It is usually called something like "ready credit" or "reserved checking." It works like this. A depositor is given a limited amount of credit, usually between $ 500 and $1, 000. He or she may write checks up to the amount allowed. Once a check has been written, the amount of the check becomes a loan. Usually no charge is made for interest (利息) until the loan is made. A typical interest rate is 3 cents per $100 per day, or just under 1 percent a month. Suppose that you used $100 of your credit and repaid it in 30 days. The cost would be 90 cents. If you repaid it in 10 days, the cost would be only 30 cents.
The advantage of borrowing from a bank is that banks generally charge lower rates than most other lenders. One reason is that banks have more strict credit requirements than most other lenders. A consumer must have a fairly good credit rating to get a bank loan.
According to the first paragraph, young people
选项
A、have difficulty borrowing from their parents or relatives.
B、can’t get an interest-free loan from their parents or relatives.
C、always borrow money from an agency.
D、usually borrow from their parents or relatives.
答案
D
解析
转载请注明原文地址:https://kaotiyun.com/show/GwFd777K
本试题收录于:
职称英语综合类B级题库职称英语分类
0
职称英语综合类B级
职称英语
相关试题推荐
WhatIsaDream?Forcenturies,peoplehavewonderedaboutthestrangethingsthattheydreamabout.Somepsychologistssay
Parentshavebecomeincreasinglyconcernedaboutthetelevisionviewinghabitsoftheirchildren.
Sinceabout1970,newresearchhashelpedbrainscientistsunderstandstheseproblemsbetter.Scientistsnowknowtherearemany
WhichofthefollowingstatementsaboutFlowersandYeoistrue?FlowersandYeohavestartedaprogramme
TheEmicandEticApproachesResearcherswhoareunfamiliarwiththeculturalandethnicgroupstheyarestudyingmusttake
ThedocumentwascompiledbytheDepartmentofHealth.
Sheomittedtomentionthattheywerestayingthenight.
Ifnooneobjects,Mr.Benwillbethenextchairman.
A.Ford’sopponentsB.TheassemblylineC.Ford’sgreatdreamD.TheestablishmentofthecompanyE.Ford’sbiggestcontrib
Examiner:Goodmorning.CanIhaveyourmarksheets,please?Thankyou.Mynameis...andthisismycolleague...He/Sheis
随机试题
手电钻所要求的电压值都是220V,使用时应注意电源电压是否相符。()
体温调节中枢的调定点位于
患者女性,15岁。注射青霉素之后出现四肢发凉、发绀、面色苍白、表情淡漠、脉搏细速、尿量减少、血压下降,诊断为青霉素过敏性休克,可用于解救的药物是
《食品卫生法》规定,发生食品中毒的单位和接收病人进行治疗的单位,除采取抢救措施外,应当根据国家有关规定()
公立医院人均住院费用中,药费最多的那一年的药费约是()。
下面对计算机防火墙的叙述不正确的是()。
下列关于二叉树的叙述中,正确的是
OlympicGamesareheldeveryfouryearsatadifferentsite,inwhichathletes【21】differentnationscompeteagainsteachotheri
Shoulddoctorseverlietobenefittheirpatients—tospeedrecoveryortoconcealtheapproachofdeath?Inmedicineasinlaw,
Whodesignedthefirsthelicopter?Who【C1】______ofthemostfamouspicturesintheworld?Whoknewmoreaboutthehumanbodytha
最新回复
(
0
)