OCR Text |
Show March 6, 1959 HILL TOP TIMES Page 13 Credit Union Offers The ' Best Deal' WAF Officer Takes Over Assignment in Hill AFB's military Personnel Division The cost of credit is the interest tigation fees are unnecessary, and Credit unions save the general WAF Second Lt. Sandra A. WilNative of Baltimore, Md., Lt. or rent you pay for the use of collection costs are. insignificant. public money, too. Through the been assigned to Hill Williams was graduated from Morhas money. liams, years the example and competi- AFB. Saves Members Money The Federal Employees Credit gan State College, Baltimore, in 1057. She is a member of Delta Union offers the "best deal" for Credit union's lower interest tion of credit unions has caused anyone "who wants 'to borrow rates save members money, and a real drop in interest rates on The lieutenant, who reported Sigma Theta sorority. The officer Lackmoney or save it, either. ev- here from Lackland AFB, Tex., received her commission at give them more money to small loans. That means that land June 1058. in AFB, "If you don't believe it, just ask thus even those not is a personnel officer in Ogden use for other things. It is esti- ery borrower any one of the 5700 members who mated Lt. Williams is the daughter of made a Air Materiel Area military personunions members of credit members made that savings ate currently on the Federal EmMr. and Mrs. Arthur J. Williama six other She joins of over $175,000,000 in interest last saving on interest last year, thanks nel division. Credit Union roles. ployees Baltimore. of at Hill. officers stationed WAF ' to credit unions. The Union, located at 24th and year alone! ' is open .Washington Blvd., Ogden, from 10 a.m. until 6 pan. Tuesday through Saturday.' When you understand how credit unions operate, you can understand how and why they save Y Vr members' money, credit union ofC O N C E R N S B U S I ficials pointed out. II E L O Take, for instance, borrowing of GARDEN EQUIPMENT AND SUPPLIES money. Few people know what in- CONTRACTORS AND BUILDERS terest they pay in any transacANDERSON'S FARM AND GARDEN CENTER AX .AX b. a SWAIN tion. In times of stress or when Most Modern and Convenient Downtown Garden Stora Ogden's to close Do can live You want Bountiful, in a home of your own? you We Give S&H Green Stamps people need money in a hurry, they two and subdivisions, price, you? work you can select your type Dial EX 23rd 833 Street to so build that are glad get it $12,600.00 to $20,000.00, or let the man with the knowhow design and they for them. It what ask is you. it jdon't costing Gasoline E. C. SWAIN CONS'T CO., Phone AX How much down and how much T75 North Bountiful, Utah th East HONE OIL CO., INC. B month?" Is all that most people Sinclair of Products Weber and Davis Counties Supplier sk when they make a time pay- CLEANERS "j, You will like the way your SINCLAIR DEALER serves youl -- AX f ment purchase. They might be GASOLINE BOUNTIFUL CLEANERS SINCLAIR POWER-r SINCLAIR EXTRA DUTY MOTOR OIL There is a Difference' appalled to find out what interest SINCLAIR REFINERY CO. HONE OIL CO. "Let Us Prove It" rate they do pay in some cases. Phone EX EX Phone Alterations and Repairs (Few clerks can tell you what inMoth Proofing FREE! terest is charged on merchandise 844 South 5th Weti .Bountiful, Utah GLASS & PAINTS they are selling on "the installment .Kaysville 810-DAVIS COUNTY GLASS CO. - - ! . . ... . t " E'R'tiiCE - I H F 0'R'"M AT NESS ABLE I F - 'E3 REFERENCE RE AD PURCHASER'S INDEX AND , 0 I 82 11 ' 04 and oil dealers 11 - 31 X - CLEANERS Plan-)- . Does It Cost? r ManyWhat times it's difficult to know you for the use of money. Here are some reasons why: First; interest quotdiscounted" on $100 ed as "6 means the interest is deducted before you get the money so you actually have the use of $04, hut Hrhat I ti it's actually costing you pay interest on $100. Second, there's nothing wrong with the level payment plan itself, but it often conceals the true cost of credit. To find out what you are paving under any level payment plan, multiply the amount f the payment by the number of payments to be made. Deduct the cash price, if it's merchandise, or in the case of a loan, the amount received by the borrower. The remainder is the cost of credit. Third, extra fees or hidden charges are often added to the interest, without the knowledge of the borrower, especially in level payment plans, charges for investigation, insurance, handling, prepayment, etc., are all part of the cost of credit. CLEANERS Licensed SANITONB Service" pPrompt Pick-u- p and Delivery Drive Bight In s Complete Service 1911 Washington Blvd MODEL LAUNDERS Charges on $100 Here's how the charges looked for a $100 loan when itemized by a lending agency which advertised a 6 rate: interest and discount investigation fee $2.00, in surance charges $2.29, and bank fee $2.78, making a total charge of $14.00. On this $100 loan (of which the borrower got only $94 cash), the total charge of $14 was at the rate of a little over 26 per annum in simple interest! Credit unions charge a maximum of one percent per month on the unpaid balance. There are no ex tra fees, or hidden charges. You pay interest only on the amount still due. On a loan of $100 for one year, the total cost is $6.50. Many credit unions include, without charge, insurance which pays off the loan is case the insured borrower dies or becomes totally uju permanently oisaDiea. Credit unions can make loans at lower interest than other because: (a) they are not agencies a. A.. V . : At r in vusiness lor pruiib. oft xney have low expenses often space and lights, heat. etc.. are nrovided by the snonsor. i.e.. the comnanv whose employees have a credit union, (c), they are run by. voltinteers. Members of the board of directors and committeemen serve without pay, with the exception of the treasurer, who may be paid, for the main burden of work falls on him. (d), the bond of mem-bership means that the credit un ion knows its members, m inves- - ROY LAUNDERETTE 6617 S. 1900 W. i 1 I 1 1 - 1 3 i on S i w -- 4 7" 1 i i 'ii 's 5 i I 4 , $4 i l 1 "I - 25 -- Mirrors Designed to Your Home Ogden. Utah -- EX Roy, Utah -- Meadow Gold ARDEN HEATING - Y1. S40 - 21st Street ; W Unm a TAKirnm O RKR1 VnonnliM. : .Ogden EX 12 AM Phone 19 HOME FURNISHINGS .EX SOUTH WASHINGTON FURNITURE CO. "Home of Nationally Known Quality Furniture" VISIT THE MAPLE CENTER OF THE WEST Also Fine Quality Furniture For We Are Never Undersold on Fine Furniture Our Store Handles Its Own Contracts They Are Not Sold to Finance Companies ALWAYS ON THE EASIEST TERMS DRIVE OUT AND SAVE! ' 2944 Washington Blvd. Ogden, Utah 51 Ogden, Utah AX DAIRY BOUNTIFUL Layton, Utah AIR-CONDITIONI- NORTHERN HEATING CO. Oil Gas Coal Furnaces Space Heaters Wall Heaters Conversion Burners Water Heaters WESLEY TAYLOR, Mgr. Salt Lake Branch DAIRY PRODUCTS Good MEADOW GOLD The BEST Hilk Sold Is, A Corporation Paying 100 Federal Taxes A Sales Market for Independent Dairy Farmers --HOBBY AND ART SUPPLIE- S- 123 Cross Street 95 DAIRIES 84 Modern-Convention- al Home of Country Fresh Milk For Complete Line of Dairy Products to YOUR DOOR Phone AX 1090 North Second West .Bountiful, Utah CREAM O' WEBER DAIRY Dairy Products at Their Best. Delivered to Your Home Fresh Daily, or ICE CREAM Select Cream o' Weber at Your Favorite Grocery. A complete line of extra PARAMOUNT ICE CREAM .Phone EX good, Extra Rich Dairy Products. Once Tried you will always choose . Available in Plastic Top "See Through" Carton or Economy Pack CREAM O' WEBER PRODUCTS 1226 Wall Avenue Ogden, Utah Milk Delivered Freeh to Your Home in Electrically-refrigerate- d Ask for Ie. Cream Trucks. 84 94 01 : OOVOSVOx All-Jers- ey Ice Cream 1876 Washington Milk .Phone EX Blvd. LOCALLY -- OWNED, TAX-PAYIN- G, 1876 Wawhin gtcn Blvd. Ogden EX SERVICE ANYTIME Moving You Is Our Specialty VAST DELIVERY 184 - 24th St. 80 Ogden, Utah DOORS EX CRAWFORD DOOR SALES Manual or Radio Controlled i Marvel Lift Garage Doors AV Your Contractor "He Knows" t Alumatic Storm Doors and Windows J With a Guarantee S541 Porter Avenue Ogden. Utah 02 J .v mmii IV Auto PHONE TA Life Fire Complete -- CHEMICALS MORGAN t CHECK-R-MI- X GRAIN -- -- Kaysville 941 HAY ft STRAW AGRICULTURAL CHEMICALS AND INSECTICIDES NEW PURINA DOG CHOW PURINA CHOWS AND FEEDS ' 508 Elm Lay ton, Utah Coverage 23rd Street Armstrong s -- Wall and Floor Tile r uturesq morion -- EX 33 Ogden, Utah .EX Ogden 's Only Retail and wnoiesaie Florists fFuneral Flowers, Weddings, Corsages Tronic&l Plants and Artificial Foliages or Ship Flower Anywhere" mWe Telephone-Telegrap- h RODNEY TOMA, Manage! FREE DELIVERY OPEN SUNDAYS UTAH FLORAL CO. 2534 TA South State 77 BONDS-AUTOMO- BILE Claerfield, Ufa Diamonds 10 Watches Costume Jewelry Watch, Jewelry Repairing ' ; South Main .AX Bountiful, Utan HAL'S JEWEL BOX. -- "Gifts of Distinction" Expert Watch Repair Prompt Service AX South Main. .Bountiful. Utah MERL'S JEWELRY Clearfield Headquarters for Fine Watch Repair Fast 24 Hr. Service All Work Guaranteed. MERL'S JEWELRY Gay Mar Plaza, Clearfield See Us for All Your Jewelry Gifts Ph. TA 1 68 1 FLORISTS I- 133 FIRE CASUALTY PROPERTY NEWMAN JEWELERS FLOOR COVERING 419 Property JEWELRY STORES FEED COMPANY, LAYTON, UTAH FEEDS POEN'S FLOOR COVERING. Carpets Linoleum Utah Casualty - Liability : Insurance Smith Bldg., Og-2- 03 Marine 40 N. Main, Sunset, Utah JOHN C. JOHNSON, Agent Theft VERN SMITH .Ogden, INSURANCE iLJ&'tnoir'gTJaN. 10-Ye- ar FEEDS .EX BUCKNER INSURANCE COUNSELORS "FOR ALL YOUR INSURANCE NEEDS' Representing The Travelers Insurance Co. . American Surety Co. Continental Casualty Co. 2636 WawBlngton Blvd. FARMERS INSURANCE GROUP INDEPENDENT MERCHANT'S DELIVERY SERVICE. Ogden, UtaB . INSURANCE 91 DELIVERY SERVICE $6.93, -- .EX & -- GLASS SHERMAN A. TAYLOR. Mgr. Auto Glass Installed at the Shop'. Window Glass Installed in the Home. Plate Glasa Store Fronts. Table Tops and Shelves Made to Order. - . . W LAUNDRY - - Ogden, Utah Washington Blvd. FINE PRINTING INLAND PRINTING CO. PHONE KAYSVILLE 10 LOANS Lt O Pay Bills Finance Autos A N S FINANCE & is THRIFT f Loans on Auto Furniture and Signature CO. You Are Always Welcome at Pioneer-Loc- ated at S Roy Phone EX ) Ogden 30SQ Wash. Blvd., Ph. EX 34 47 MOVING AND STORAGE BAILEY'S MOVING & STORAGE CO...Ph. Ogden EX A EX Nationwide Moving Newest Storage Warehouse in Ogden rfits. Agents for Allied Van Lines World's Largest Moving Co.i 66 . L O A N S |