Bridged gap between money and debt in consumer credit growth
Edward Glazer, head of the National Consumer Finance Association, says 1977 ranks high for consumer credit as households borrow to buy autos and goods. He notes rising home ownership, multiple cars, and improved savings while warning FTC rules could raise costs and restrict access to credit.
MENTIONED IN THIS ARTICLE
Edward Glazer
National Consumer Finance Association
United States
Glazer
Consumer Finance Companies
Federal Trade Commission
FTC
NCFA
Iowa
Banking Department
State Auditor’s Department
Credit tips for couples building shared finances and credit
Edward Glazer advises couples to list accounts in both names to ensure both build credit and are covered in events like death or divorce. He warns against unpaid accounts lowering both scores and promotes The Consumer's Almanac from the NCFA to help manage finances. free copies available by mail.
MENTIONED IN THIS ARTICLE
Glazer
Credit Bureau
Caution Urged On Distributorship Deals In Iowa
The Iowa attorney general warns buyers about distributorship schemes that promise fixed income and exclusive territories. Affected are items from toys to postage stamps, with injunctions issued against United Postage Corp. He advises verifying business history, contacting other distributors, and reading contracts carefully before signing.
MENTIONED IN THIS ARTICLE
Attorney General’s
United Postage Corp
Garrett
State Attorney General’s Office
Better Business Bureau
Chamber of Commerce
Loss of 10 B 52 Bombers Reported in Five Day Raid
On this date in 1972 the United States disclosed the loss of ten B 52 bombers during a five day campaign over North Vietnam marking a heavy escalation in the air raids and raising questions about the toll on both sides.
MENTIONED IN THIS ARTICLE
U.S
North Vietnam
Merced Mayor Red Ink Signatures Prompt Blue Refill
Mayor William Quigley faced a HUD filing snag when he signed housing forms in black ink. Officials asked for blue ink to verify originals. He then signed a red ink letter explaining the holiday season expression, returning the documents.
MENTIONED IN THIS ARTICLE
Merced
Calif
William Quigley
Quigley
Shock hazard claimed in treetop Christmas light
UL reports an examination of Taiwan made treetop angel lights reveals a potential electric shock risk. The product carries a UL Listing Mark but UL says it is not listed. Stores in Cedar Rapids were inspecting lights and removing angels from display amid fire risk concerns.
MENTIONED IN THIS ARTICLE
Underwriters Laboratories
Taiwan
Commodore Manufacturing Corp
Brooklyn
N.Y
Underwriters Laboratories Inc
Howard
Kentje
Chicago
Kontje
UL Labs
the Gazette
Cedar Rapids
Earl May
Edgewood Road
Warning issued on water heater safety hazard
The Iowa State Department of Health warns consumers about a possible serious shock hazard from Amborg Corp. portable immersible electric water heaters sold nationwide. Four models Amborg Special Jiffy Jr Jiffy Sr and Ram may cause electrocution if water contacts the powered element. About 50 000 units were sold before recall. Contact the CPSC at 1 800 638 2666 if incidents occur.
MENTIONED IN THIS ARTICLE
Iowa State Department of Health
Amborg Corp
Hazel Park
Mich
Little Fork
Minn
Amborg
Jiffy Jr
U.S
Consumer Product Safety Commission
Leave the cupboard under the sink open to prevent frozen pipes
The advice favors leaving the cabinet doors open to let warm kitchen air reach pipes, noting that running water or heating tape is costly and insulation alone, especially on small pipes, is ineffective. The opposite view on a call-in claim about a superior plastic foam is debunked, explaining vacuum insulation is needed for real gains and urethane foam is near the practical limit.
Parade Time Rings in a Sunday Celebration
The city promises a joyous parade this Sunday with vibrant floats and community groups. Residents are urged to join, enjoy the display, and mark the day as a festive local highlight.
Also Mentioned on This Page
Dial Financial Corp
Ninth St
Des Moines
Gazette
Litton Microwave
2Nd Ave. S.W
2Nd Ave
Uten's
Midwest
Circle M. Robo Car Wash
16Th Ave
Boehm
Cybus Kazmars
Liebke Hoyt
Cedar Rapids Fine Jewelers
Justine
Merry Menagerie
Walt Disney
Edgewood & Johnson
Irvin Cobb
Der
SLATE
Ptac E
Votmvat
PTL
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