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Newspaper
Athens Banner
Location
Athens, Georgia, United States of America
Date
Dec 06, 1921
Page
5
The Merchants Protective Association in Athens implements a credit rating system for customers based on past payment behavior. A clearing house compiles each shopper’s performance from all member stores into an alphabetical file, guiding future credit decisions and penalizing late payers while rewarding prompt ones.
The article urges settling all November charges by the tenth, noting merchants incur heavy bookkeeping costs for courtesy and convenience. It stresses paying promptly benefits both parties, improves your credit score, and can ease future credit, as associations share records across towns and even nationally with cities like New York and Chicago cited.
A local campaign urges residents to settle debts to improve credit standings for next year. The plan promotes timely bill payments to raise community financial health and achieve better credit ratings. Everyone benefits from higher scores and smoother economic activity.
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