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DECEMBER 11, 1969 TERRACE BAY NEWS PAGE 15 CREDIT FACTS (From Consumers Assoc . of Canada c Op! SsTMAS With the increased use of credit by consumers, the need for information on individuals applying for cre- dit is understandable . TERRACE BAY HIGH SCHOOL GYM FRIDAY, DECEMBER 49, AT 8.00 P.M. Currently outstanding consumer credit in Canada totals more than 48 million and the extension of credit is not an automatic privilege--about 50 percent of applications for cash loans are refused ." In return for the granting of credit, one must ex- pect « certain amount of reasonable scrutiny of what most people consider their own private business. This 20 GAMES 10 CASH PRIZES usually is the function of a credit reporting agency, 10 TURKEY PRIZES or credit bureau . 4 JACKPOTS 2 - SPLIT THE POT There are two types of credit fact-gathering agen- cies. The first compiles files and operates on the basis of exchange of information between credit- grantors. It may supplement its information from press clippings to complete the file. The other major group is that of the "investigating " agency. The main distinction is that these bureaus investigate much more actively, by telephone or per- sonal interview, individual case histories referred to them by clients. Several agencies include both oper- ations. The main purpose for which (Cons'd Page 16) 2 - 25 LB. TURKEYS DOOR PRIZE - $30.00 CASH : f Please Notice ~- DATE CHANGE Sponsored by - TERRACE 3AY HIGH SCHOOL ¥ AR BOOK STAFF SUPPORT YOUR STUDENTS DODGE CORONET CONVERTIBLE 1968 V-8 motor, automatic trans., bucket seats, power brakes and steering, if radio. Stock #5602-A SALE PRICE--- $2995 Te ide ' CHEV BEL AIR STATION WAGON : 1968 V-8 motor, auto. trans., power brakes and power steering, three seats, electric tailgate window and radio. Stock #5404-A SALE PRICE - > $9995 SY ETS *: RP EE 8 PE RL EE BREE RT RE EY ORE AEE 2B TA IE IE RAMBLER 880 - 4 DOOR SEDAN 1967 6 cylinder motor, automatic transmission . Stock #9035 A. SALE PRICE - - - $1950. ee eer RO EE OL ER TS BT EP CHEV 4DOOR SEDAN 1967 6 ane: motor, automatic transmission . Sak TUL ee SALE PRICE--- $]875 ee LO TOE OE OLE ETO ETD s CORVAIR CORSA 2 DOOR HARD TOP ; 1966 140 H.P. motor, 4 speed transmission and bucket seats. Stock #121-A.R. SALE PRICE--- $1450. DODGE POLARA 4 DOOR SEDAN 1965 V-8 motor, automatic transmission, and radio Stock #9100-B. SALE PRICE--- $1910 SPADONI BROS. LTD. Schreiber 824-2304 Terrace Bay 825-3898 SSO SRO AERP BEA LL a "See Leo Rajotte