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
31
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.
Which of the following statements is true?
选项
A、Loans for buying houses are always secured in order to reduce the risk of nonpayment.
B、Companies are more likely to borrow on all unsecured basis than individuals.
C、The largest loans advanced by banks are always secured loans.
D、Borrowers are more willing to repay the money if the loans are made on an unsecured basis.
答案
A
解析
购买住房等不动产的贷款一般期限较长,所以会被要求进行抵押贷款。所以,只有A项符合题意。
转载请注明原文地址:https://kaotiyun.com/show/eKYd777K
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
[A]cheek[B]dollar[C]menu[D]station[E]market[F]library[G]hospitalPeoplereadittoorderdishesinarestaurant.
Alltheworkers______togetherandwrotealettertotheheadofthecompany.
A、I’mateacher.B、IliveinLondon.C、I’llleaveyousomemoney.A
Thereisnocircumstancewherethe"non-disclosure"rulecanbebrokenwithouttheconsentofthecustomer.
TheLandFundisnowmanagedbytheHKMAunderthedirectionoftheFinancialSecretaryasacombinedportfoliowiththeExchang
Aproductionfunctionforafirmdescribes______.
(a)Whatisindorsementofbillsofexchange?(b)Howmanytypesarethere?Writeshortnotesonthem.
Theimporterwillrequireafullsetofbillsofladinginordertoobtainthegoodsfromoverseasport.Thebillsofladingcan
Theimporterwillrequireafullsetofbillsofladinginordertoobtainthegoodsfromoverseasport.Thebillsofladingcan
随机试题
用于工艺制造、动力生产、运输和取暖等方面的煤炭、汽油、煤气、天然气等属于
阅读下面的文章,回答问题追悼志摩胡适悄悄的我走了/正如我悄悄的来/我挥一挥衣袖/不带走一片云彩一一《再别康桥》志摩这一回真走了!可不是悄
慢性肾炎的主要治疗目的包括
A.胆石症B.急性胰腺炎C.十二指肠溃疡D.输尿管结石E.脾破裂最常致出血性休克的是
张某在2009年4月购买了某住宅小区第12号住宅楼15层(顶层)的一套二手房。该房屋建筑面积86m2,二室一厅,1998年竣工,阳台全封闭。该套房屋主体结构完好,设施、设备完整,上下水道通畅,但屋顶有轻微渗漏,门窗油漆局部脱落,需要进行小修。该套住宅房
疏浚工程船舶使用艘班费用定额中,船舶达到规定的小修间隔期必须进行小修所需的费用是()。
二氧化碳灭火器出厂期满()年,应予以报废处理。
某银行组织辖内10个分行进行抵债资产拍卖活动,累计处理抵债资产5亿元,变现金额3亿元,待处理的抵债资产总价为2亿元,那么,该银行抵债资产变现率为()。[2013年6月真题]
下列不属于城建税纳税人的有( )。
Mypassportisdueto______inthreemonths.
最新回复
(
0
)