English, 28.10.2021 14:00, artursino

Topic: Writing Progress
Question ID: 1059581
The movement of the progress bar may be uneven because questions can be worth more or less including zero) depending on your answer
You have been asked to write an essay for or against subprime auto loans.
Which of the following contains the best thesis statement and supporting ideas for this essay?
Thesis statement:
Subprime auto loans trap low-income people in a cycle of debt and should be more heavily regulated.
• Subprime auto loans are marketed to people who have few resources and desperately need a car to get to work. They
have interest rates several times higher than prime loans because borrowers have no choice.
• High interest rates mean borrowers pay far more than the vehicle is worth, and long terms mean they often owe for
longer than the car lasts.
• When a borrower defaults, lenders repossess the car and sue or garnish wages for the balance of the loan. Then
borrowers have to take out another subprime loan, because of their need for transportation, and the cycle repeats.
Thesis statement:
Subprime auto loans should be banned before they trigger a financial crisis.
Promobortimanalech. 2002
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Answers: 2

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Topic: Writing Progress
Question ID: 1059581
The movement of the progress bar may be u...