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
75
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.
One of the disadvantages in borrowing from parents or relatives is that
选项
A、parents or relatives will ask the young people to pay back soon.
B、it will not help young people to develop a good credit habit.
C、they always charge interest.
D、they always charge higher rates than other lenders.
答案
B
解析
转载请注明原文地址:https://kaotiyun.com/show/TwFd777K
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
CanYouHearThis?Whensomethingcreatesasoundwaveinaroomoranauditorium(礼堂),listenershearthesoundwavedirectl
CanYouHearThis?Whensomethingcreatesasoundwaveinaroomoranauditorium(礼堂),listenershearthesoundwavedirectl
Thissortofthingisboundtohappen.
A.YouShouldEnsureThatYouHaveAsMuchMemory(RAM)inYourPCAsYouNeedB.DoPrepareforDisasterC.KeepingaPCRunnin
Theastronomerwasnotinterestedinthewaydolphinscommunicatewitheachother.Soundscanbecalledalanguageonlywhenth
Hertreatmentofthesubjectisexhaustive.
TheDevelopmentofPersonalityPersonalityistolargeextentinherent.A-typeparentsusuallybringA-typeoffspring.Butt
A.whenitisabsorbedbymatterB.whenitiscloudyC.becausetheycanpassthroughsolidobjectsD.whenthesunraysarefie
WhereHaveAllOurVisitorsGone?Sixtyyearsago,amannamedKennethArnoldsawsomethingthatpeoplearestill【C1】______t
BrotherlyLoveAdidasandPumahavebeentwoofthebiggestnamesinsportsshoemanufacturingforoverhalfacentury.Si
随机试题
在服务器面临的攻击威胁中,攻击者通过控制一台连接于入侵目标网的计算机,然后从网上断开,让网络服务器误以为_______就是实际的客户端,这种威胁称为________。
设D是由曲线y=1-ax2,y=-X2(x≥0,a>0)与y轴所围成的平面图形求D绕y轴旋转一周所形成的旋转体的体积V(a)
蛛网膜下腔出血的临床表现不包括
股权投资基金项目的主要来源有()。Ⅰ.行业展会、创业计划大赛、创投论坛等Ⅱ.企业家联盟及各级商会组织推荐Ⅲ.行业研究:跟踪和研究国内外新技术的发展趋势以及资本市场的动态,通过资料调研、项目库推荐、访问企业等方式寻找项目信息Ⅳ.中
对微生物细胞数目进行检测时,不属于总细胞计数法的方法是()。
为流浪乞讨人员提供全天候救助的地点是()。
你对“一山难容二虎”这句话如何看?
Therigidhigher-educationbusinessisabouttoexperienceawelcomeearthquake.Traditionaluniversitiesnowfaceanew【C1】____
删除表S中字段C的SQL命令是
已知在函数func中语句this->ff=0;与语句ff=0;的效果完全相同。对于这一现象,下列叙述中错误的是
最新回复
(
0
)