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
2009-01-05
57
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 bank 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 States--one for every two banks. Data suggest these pawnshops made about 35 million loans, providing that Caskey and Zimund estimate as 1 percent of the nation’s consumer credit.
The best title for the passage would be ______.
选项
A、Credit Cards for the Poor
B、Banks for the Poor
C、Pawnshops Versus Banks
D、Commercial Banks
答案
B
解析
主题概括题。综观全文可知,本文谈的是“pawnshops”在美国消费经济中的地位,即穷人的银行。因此,B为正确答案。文中指出,穷人是没有信用卡的,因此A选项不符合事实。文中并未比较“当铺和银行”,因此,选项C不能做文章的题目。D选项只是指一般人用的“商业银行”,更不适合做题目。
转载请注明原文地址:https://kaotiyun.com/show/XSBK777K
0
专业英语四级
相关试题推荐
Whomcanyoutrustthesedays?ItisaquestionposedbyDavidHalpernofCambridgeUniversity,andtheresearchersattheDow
Americansfinditdifficulttoengageinanyactivityforpurepleasure.Wehavetohaveahigheraim—apurpose—foreverymome
Kissing,strokingandwildembracesarecommonenough,andnowthequiet,romanticgestureofholdinghandsinpublicisa【M1】__
Themostconsistentlyidentifiedteachereffectivenessvariableistimeontask.Thatis,themoretimethatstudentsspendon
ComputerCrimeI.IntroductionCurrentsituation:theincreaseinthenumberandtypesofcomputercrimeII.【T1】______
Followingareagraphshowingthewaterconsumptionindifferentregionsin2000andpredictingincreasein2050,andanexcerpt
Ifyousmokeandyoustilldon’tbelievethatthere’sadefinitelinkbetweensmokingandbronchialtroubles,heartdiseaseand
Therearethreemaingroupsofoils:animal,vegetableandmineral.Greatnumbersofanimaloilcomefromwhales,thoseenormous
A、Meetingtheirdesiretolearnontheirown.B、Improvingtheirlearningabilitiesgreatly.C、Substitutingboringclassroomlear
Catssleep________dayandhunt________night.
随机试题
可以选择负压吸宫术终止妊娠的情况是
心气虚的辨证要点是
泌尿系结石容易引起的病理生理变化是
关于最具有潜在危险、最容易误诊的过敏性紫癜的类型,下列正确的是()。
凿岩机凿岩前工作面附近进行敲帮问顶,即检查工作面附近顶板及二帮有无活石、松石,并作必要处理。凿岩严禁打干眼,要坚持湿式凿岩。凿岩机工作与停止的要求是()。
《建设工程安全生产管理条例》规定,建筑意外伤害保险的投保人为( )。
某市化妆品生产公司为增值税一般纳税人,兼营商品加工、批发、零售和进出口业务,2018年7月相关经营业务如下:(1)进口高档化妆品一批,支付国外的买价220万元、购货佣金6万元、国外的经纪费4万元;支付运抵我国海关地前的运输费用20万元、装卸费用和
避暑山庄中清帝召见朝臣及各族王公,处理军国要务及举行大典前后更衣休息之处是()。
自我意识萌芽最重要的标志是()。
Ourcorporation’sobligationunderthis____islimitedtorepairorreplacement.
最新回复
(
0
)