Committee Proposes Credit Reform Aimed at Fairer Practices
A sweeping plan from the National Commission on Consumer Finance urges broader access to credit and stronger protections for borrowers. It calls for non-discriminatory lending, end to harassment by collectors, and limits on wage garnishment and seizure of goods. The report notes evidence of gender and racial bias and recommends state measures to curb unfair collection methods while ensuring creditworthy borrowers in poverty areas can obtain reasonable terms. Credit should be a privilege for the deserving, not a universal right, the commission says.
MENTIONED IN THIS ARTICLE
Washington
National Commission
Credit Group
Commission
Congress
Senate
House
Nixon
20000 Miners Win Pensions Settlement Increases Reach
Washington AP reports up to 20,000 retired miners or widows will receive annual pensions this year of at least 1800 for ex miners and 1000 for widows under a settlement in a long running suit against the United Mine Workers welfare and retirement fund. The plan revises eligibility to 20 years in mining and five in union mines after 1946 with retroactive benefits for prior applicants and at least 52 million dollars in benefits the first year.
MENTIONED IN THIS ARTICLE
Washington
United Mine Workers Welfare and Retirement Fund
Union
District Court
UMW Welfare and Retirement Fund
Winneshiek Board Sets Vacation Pay And Appointments
Winneshiek County board approves vacation pay scales for all employees with escalating weeks by tenure. It designates county newspapers for official notices and allocates funds for aid to the blind, dependent children, and the disabled. New year appointments include Moellers as 1973 chairman and several committee assignments.
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Attrounis
Decorah
Rufus Moellers I
Winneshiek County
Dessay
Treasury
The
Decorah Journal
Osland Recorder
Cornell Students Begin Bahamas Interim Study Trip
Twelve Cornell College students will travel from Fort Lauderdale to San Salvador for a three week Interim course in the Bahamas. Led by geology chair Dr Eugene Hinman, the voyage uses a charter flight and will study marine and coastal environments off the British colony's coast.
MENTIONED IN THIS ARTICLE
Bahamas
Cornell
MT. Vernon
Ology Department
Clemut
Mes. Hinman
Cornell College
Dioiogit
Ihe Elgy Willravel
Lauderdale
San Salvador
Land
Sengoversmpens
Trusman
del Carter Vincent
Bahamian
Santander
Salvador
Atlantic
Royally Review
Eugene Hinman
Cornell Ge
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Rufus Moellers
Farmers State Bank
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Margaret Krul
de -Chek
Worder
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