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Newspaper
New Castle News
Location
New Castle, Pennsylvania, United States of America
Date
Jun 25, 1968
Page
12
The Consumer Credit Protection Act signed by President Johnson requires full disclosure of finance charges in writing beginning July 1 1969. It targets annual percentage rates on declining balances and the true cost of financing, with garnishment protections starting July 1 1970.
Wall Street opens with a mixed stance as 497 issues trade after the bell. Chrysler gains to 64% while American Motors and Ford slip. U S Steel holds at 40. Ling-Temco up 1% to 110. Essex Wire down to 58. Control Data and Lockheed show minor moves. Heinz to buy Moss Waltham stake. Pittsburgh plans Exhibit Hall Convention Center in Lower Hill District to boost conventions and tourism.
The best policy depends on your needs and appraisal of how well it fulfills them. Straight life remains the most popular, but other types cover over two thirds of life insurance situations. If unsure about a $15,000 20 payment life policy, ask for alternative choices to compare.
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