OCR Text |
Even Money Can Be Purchased on Instalment Plan Personal Loans From Banks Are Made Less Than Half Per Cent Loss Lois You ou can bu buy buy anything anything on the In Instalment In- In plan nowadays nowadays even oven e money Instalment payment plan of or payIn paying paying pay pay- In ing off olt bank loans was described by Fred IVed K Po Pyke ke manager of oC the tho personal personal per per- loan department o Walker Brothers Bankers at a meeting of ot the A Association of or Retail Credit Men cn at tho Newhouse hotel Tuesday Tues rues day noon Credit has been a vital factor In tho lives JI of or men and women since our caveman ancestors bartered an l loaned tools food o d a and ornaments ornaments ornaments orna- orna orna orna- ments thousands of or years ears ago P ko said sald More than 10 banks ho said now operate personal loan departments They have loaned to more than persons during the last three years ears and have hA developed a n system which protects of or the notes and holds tosses losses to less Jess than one half of or 1 per cent he declared |