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
34
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.
Which of the following is NOT true?
选项
A、The newest type of bank loan is simple to get.
B、Bank loans are more difficult to get.
C、Banks charge higher interest rates.
D、Banks offer loans to those having a fairly good credit rating.
答案
C
解析
转载请注明原文地址:https://jikaoti.com/ti/SPmsFFFM
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
WarmerClimateWillBakeTropicalBugsGlobalwarmingcouldcooktropicalinsects,withunpredictableknock-oneffects,say
HowDidSheConquertheAmericans?African-AmericantalkshowqueenOprahWinfreyistheworld’smostpowerfulcelebrity,a
Thissortofthingisboundtohappen.
Accordingtotheauthor,informationtechnologyhasnothingpositivetosay.Bytheterm"computerization"theauthormeanstha
Comparedwiththeclearwordsofherboyfriendonscreen,hisaccentisThepassageimpliesthatthewriterandherboyfriendl
AtthebottomoftheworldliesamightycontinentstillwrappedintheIceAgeand,untilrecenttimes,unknowntoman.Itisa
Theconferenceexploredthepossibilityofclosertradelinks.
Pleasegivemybestwishestoyourfamily.
Whereisthenapkinnormallyplacedduringthemeal?Whichofthefollowingshowsgoodtablemanners?
BrotherlyLoveAdidasandPumahavebeentwoofthebiggestnamesinsportsshoemanufacturingforoverhalfacentury.Si
随机试题
在当前和今后一段时间内,关于常规督导的项目和主要内容叙述正确的是()
关于TR的描述,错误的是
男性,70岁。健康体检时B超发现胆囊内有一直径约0.8cm结石,随体位活动,口服法胆囊造影胆囊显影,充盈缺损不明显。既往无胃病史,无胆囊炎发作史,无心脏病、糖尿病史。目前的治疗建议是
劳动防护用品按用途分类中不包括()。
某建设单位建一锅炉房,预计工期为5个月,土建工程合同价款为50万元,该工程采用()式较为合理。
下列关于钢管内混凝土浇筑施工的说法正确的有()。
依法组织实施政府统计调查和管理公布统计资料的人民政府、政府统计机构和政府有关部门也是统计执法检查的对象。()
实施素质教育的重点是()。(2015.浙江)
以下是央行2015年年初公布的2014年金融统计数据报告。①2014年人民币贷款增加9.78万亿元,外币贷款增加582亿美元。2014年12月月末,本外币贷款余额86.79万亿元,同比增长13.3%。月末人民币贷款余额81.68万亿元,同比增长13.
Buttheworstofitisn’tsociety’swork-ethicmorality;it’syourown,whichyouneverknewyoubad.Youfindouthowmuchserf
最新回复
(
0
)