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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Aug 10, 1992
Page
9
Money Magazine notes regulators charged Sears Automotive Centers with overcharging in California and New Jersey for brake work. It advises choosing an auto shop with care, seeking referrals after warranty lapses, and contacting consumer protection offices to avoid shops with bad records.
In a consumer rights column, Jeanne Casinella explains that Visa and MasterCard contracts prohibit stores from setting a minimum purchase, so small card transactions under 25 dollars should be allowed. If denied, file complaints with the issuing bank, the Better Business Bureau, or the card networks’ addresses. Discover and American Express prohibit preferential minimums but may differ in enforcement.
Consumer Reports tested five small sedans priced from 12000 to 16000 dollars. Cars include Honda Civic EX Saturn SL2 Ford Escort Nissan Sentra GXE and Hyundai Elantra GLS. All had automatics air conditioning and cassette stereos. Civic EX and Sentra GXE and Elantra GLS add power features. airbags and anti lock brakes vary by model. The Civic and Saturn show strong acceleration with good fuel economy. Saturn SL2 notes sporty image and acceleration.
Consumer Reports compares several popular compact cars with emphasis on fuel economy and reliability. It notes Saturn's sticker price approach, Ford's one price strategy, and praises Hondas Civic for reliability while criticizing the Hyundai Elantra for engine noise and rough ride.
The text discusses the Fair Debt Collection Practices Act and advises documenting calls to stop harassment. It suggests suing a collector within a year of violation, reporting to the State Attorney General, and obtaining a copy of the Act. It cites Sharon Patchett of the Consumer Credit Counseling Service of Central New York with contact details.
West Chester financial planner Harry R. Tyler argues saving early pays off with compounding. Using a hypothetical: Sally 18, Billy 27, Chris 35 aim for 1 million by 65 with 10 percent annual returns. Sally needs 2000 yearly for eight years. Billy 3000 for 18 years. Chris 6000 for 30 years. Procrastination hurts wealth.
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