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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(B)an outdated way of borrowing money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right there we can get rid of the outdated of

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loans are a new process so calling them outdated would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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