Florence Morning News Newspaper Archives May 8 1955, Page 38

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Florence Morning News (Newspaper) - May 8, 1955, Florence, South CarolinaHow to keep your credit Good Liy Irv Leslie Nan a Young husband in Cleveland liked to boast of his spot Cash policy. As Long As i he kept telling his wife we won t owe a sneering at friends who bought furniture on credit he refused to let his wife open charge accounts at local shops. It was t until she fell dangerously ill that he realized the importance of having a Good credit rating. Since local Banks did t know him they refused to loan him the needed for medical Bills. The Young husband was almost frantic before he scraped together the Money from friends. When his wife recovered he promptly opened a savings account arranged for a Small loan and was careful to pay instalments on schedule to prove his reliability. With the High Cost of living credit becomes More important every Day. But this does not mean that i and mrs. Amer Ica should go on an install ment buying splurge. Nor does it mean that they must forego the new washing machine or stove they really need. It does mean that they must under stand what credit buying involves to be sure of getting the most for each Dollar. Dena Martin s Case for example illustrates How not to Bills annoyed her husband. I pay eventually so what s the she told her her husband. But that s where Dena made treat your charge account if you value your credit rating. The fruit bowl in Dena s pantry was always full of Bills slips showing purchases notes from the Gas company the Milkman polite requests for payment from various stores. Dena was a Nice woman liked by All but her laxity about a big mistake. It does make a difference if she is slow in pay ing her Bills. In the files of her local credit Bureau she is a marked woman. A credit Bureau keeps Tab on every credit transaction you the Date each account was opened highest credit rat ing granted accounts now owing the period during which they have been outstanding and the length of time it Usu ally takes you to pay. The Bureau knows whether any account of yours has Ever been closed for slow payment what judgments have been filed against you and whether you be been bankrupt. The records also hold per Sonal information which show the number of dependents positions held by members of a household their salaries the times they have moved the rent they pay. Since the rating of a husband and wife go hand in hand a woman can ruin her husband s personal credit rating when she puts off paying her household accounts. His credit record is very important if he decides to Start his own business and if he s working for someone else his wife May spoil his chances of advancement for employers have a habit of investigating an employee s record. Take the Case of the Young Michigan woman who found out the hard Way How important it is to maintain a Good credit rating. Her husband was against diaper irritation Ordinary baby powders absorb irritation causing moisture. . Baby powder with Olive Oil repels it soothes like powder protects like Oil guards tender skin against urine scald diaper rash chafing prickly heat. After every Bath and diaper change give your baby the moisture proof Protection of . Baby powder. Transferred to a Small town in Illinois while they still owed several Hundred dollars on furniture they had bought on credit. A new baby had caused them to fall behind on pay ments now the Cost of moving made it impossible to catch up. Martha did t want to worry her husband with Dunning notices from the store she was sure they could resume pay ing once they were settled in their new Home. But after they had moved and while she was entertaining guests one Day the Doorbell rang. A truck Driver had come to take Back the furniture including the chairs her guests were using. In America today credit is an essential part of our stand Ard of living. Properly used instalment buying charge accounts or Loans from Banks and finance companies can help you acquire furniture and appliances to maintain your Home s efficiency. They can also help you accumulate the wardrobe automobile and vacation funds that make living More enjoyable. So treat your credit rating it will do the same for you no. 20m. Sleeveless Peter pan col Lared style with Scallop flapped pockets full skirt. Sizes 10 to 20. Size 16 3% yes. 39-in. No. 3072. Simple All in one Cut Bolero ensemble can be made in a Wink without Waistline seam. Sizes 10 to size 16 dress and Bolero. 4% yes. 35-in. No. 103. Absolutely a Little Boot on the Art of is this one pattern. 36 illustrations of Basic Steps procedures designs for rounded edgings Corner edgings straight Wavy and pointed edgings Choice of thread sizes. Fine instruction pattern. Of pfc a Kwh Chr of attn it nil Tiff p. 0. To pm 11, i. Y. Family of Fly Magazine May i. 1955

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All newspaper archives for May 8, 1955