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Newspaper
The Wakefield News
Location
Wakefield, Michigan, United States of America
Date
Dec 07, 1961
Page
2
The Wakefield News announces weekly publication from 406 Sunday Lake Street Wakefield Michigan with annual subscription rates set at 3.00 dollars. The issue notes second class matter status under federal law and cites the November 18, 1913 post office entry date.
Installment buying and charge it plans grew fast, drawing complaints of debt overreach. Michigan regulators, led by Raymond F. Clevenger, licensed debt management firms to curb abuses, requiring financial responsibility, segregated client funds, and a 15 day remittance window to creditors.
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