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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jun 09, 2003
Page
11
The Dallas Morning News examines credit insurance sold with credit purchases, noting it often overpriced and misunderstood. FTC pressure highlights deceptive practices while experts say it benefits only some buyers, especially those lacking life or disability coverage.
The piece notes 70 percent of households have some life coverage while credit life policies often cost more per dollar of benefit. Consumers Union advises spending about 500 dollars for 100000 of term life for a moderate non smoker. critics warn lenders earn high commissions on credit insurance. Industry reps say credit cover suits loan-specific needs when existing policies don’t match loan amounts.
The narrator describes diagnosing a 2001 Ford Focus with intermittent electrical glitches and gauge sweeps. He explains how modern cars use dozens of microprocessors from ECU to airbags and how diagnostics read trouble codes. Ford later points to a voltage drop on a negative battery cable as the fix.
Bonds generally fare well during sluggish market times. The article notes investor concerns about weighting past performance and points readers to several informative Web sites devoted to bonds for deeper learning.
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