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This passage implies that peer-to-peer loans are(A)not a safe way of borrowing money(B)an outdated way of borrowing money(C)considered by some to b...
TSI Reading: Recognizing the Difference between Explicit and Implicit Details 18 Views
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Description:
This passage implies that peer-to-peer loans are
(A)not a safe way of borrowing money
(B)an outdated way of borrowing money
(C)considered by some to be informal agreements
(D)unknown by many people
Transcript
- 00:01
Let's go right to the question Here on this passage
- 00:04
implies that peer to peer loans or what Well okay
- 00:09
let's go through here Peer to peer lending or social
- 00:11
lendings New process of it's A new process So like
- 00:14
right there we can get rid of the outdated of
Full Transcript
- 00:17
connecting individual borrowers and lenders without using traditional banks to
- 00:20
obtain unsecured loan potential Borrowers can post request for a
- 00:24
loan on creature description of how we'll use it to
- 00:26
power and letters of strangers They're only knowledge of each
- 00:29
other's through the website The idea seems very informal Appeared
- 00:31
A contract is a formal legally binding agreement between two
- 00:34
parties Okay so let's think about this The last sentence
- 00:38
acknowledges that peer to peer loans seems informal so we
- 00:41
confer that other people have the same opinion right They
- 00:45
all trust insist on social networks Duck After all the
- 00:48
author wouldn't bother correcting the idea that these loans air
- 00:51
casual if their legality was obvious to anyone So c
- 00:56
is the right answer considered by some to be informal
- 00:59
agreements And while formal or not passage assures its readers
- 01:02
that puta pierre loans are in fact safe Also prepare
- 01:05
loans are a new process so calling them outdated would
- 01:08
be a hipster move where where's our ways Are spectacles
- 01:12
there in our little beating cap I will Finally although
- 01:14
the purpose of the pastor's is to educate readers on
- 01:17
the peer to peer loans well there's not enough evidence
- 01:19
for austin for the people don't know about him So
- 01:21
that's it it's sea in a warship and peered appeared
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