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Newspaper
Hope Star
Location
Hope, Arkansas, United States of America
Date
May 20, 1930
Page
3
When merchants extend credit they give you a vote of confidence and convenience. Paying promptly improves your credit rating, marking you as someone who meets obligations. A good rating means your word is reliable and your charge account is welcomed by creditors and rating bureaus.
The Hope Retail Merchants Association Credit Rating Bureau informs readers it provides members with credit ratings of citizens and new movers. It urges those with poor ratings to settle old debts to start anew, promising the bureau will recognize improvement once payments are up to date.
The Hope business and professional men offer thirty day credit to deserving individuals. The credit rating bureau helps identify worthy customers. Purchases on thirty day terms are due by the first of the following month and no later than the tenth unless other arrangements are made.
A cautionary note urges readers to improve their credit records with the credit rating bureau. It emphasizes that members report all information shaping one’s score and that negative histories may follow a person wherever they go. It warns creditors will protect their interests against former defaulters.
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