The loan company announced it would soon lend money to borrowers with proven records
of their not paying back their loans on time, collectively known as the subprime lending market.
A - of their not paying back their loans on time, -- Modifier issue -- collectively known as .. market appears to modify the preceding noun – time. But this modification is non-sensical since “time is not known as subprime lending market”. ; pronoun their -- refers to borrowers , The expression “borrower’s not paying back” is incorrect.This should be corrected by simply deleting this occurrence of “their”. The sentence will make complete sense if it states – with proven records of not paying their loans”
B - of not paying back their loans on time, a group - Correct
C - of not paying back their loans on time, with such a group - It is not clear what the modifier “with such a group” modifies. In other words, it is not clear “who” or “what” is “with such a group”.
D - that they do not pay back their loans on time, -- undiomatic -- records that ... ; modifier issue -- same as A
E - that they do not pay back their loans on time, such a group -- undiomatic
Answer B
AjiteshArun ,
mikemcgarry ,
daagh ,
egmat ,
GMATNinja ,
sayantanc2k ,
RonPurewal , other experts -- don't we need a that after announced here?
The loan company announced
that it would soon lend money to borrowers with proven records
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