Word: contends
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Dates: during 1990-1999
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...unsecured personal loans has fallen only one-third of a point, to 17.1%. And the rate on credit cards has actually edged upward one-fifth of a point, to an average 18.9%. Since 1988, the rate has increased nearly a full percentage point. Many consumer groups and financial analysts contend that banks are keeping rates high to help offset loan losses in such other businesses as real estate and leveraged buyouts. Credit cards are the most profitable line of business for most banks, earning three to five times as much as other activities despite rising cardholder delinquencies and bankruptcies...
Bankers, who have grown prickly about the issue, contend that the high charges help pay for the many services offered with credit cards, including 24-hour help lines and travel insurance. What banks pay to borrow money accounts for only one-third of their credit-card costs, according to Philip Corwin, director of retail banking at the American Bankers Association. If a bank is charging 18%, says Corwin, about 15 percentage points go toward covering costs; the rest is profit...
Already the British ban is proving just as controversial as the drug. Many researchers contend that the media have exaggerated Halcion's dangers. "This is sensationalism at its worst," says Dr. James Walsh, president of the American Sleep Disorders Association. "There is no scientific justification for this action." But at least a few scientists believe Halcion should be banned in the U.S. "It's clear that this is a dangerous drug," says Dr. Anthony Kales of the Pennsylvania State University College of Medicine...
Adjusting to life in one room is difficult enough when you have a roommate, but many residents of Stoughton North also have several smaller, unwanted roommates to contend with. Mice have been spotted in at least seven of the dorm's 16 rooms in the past few weeks, residents said...
When Elite learned that Ford France had booked Campbell for a coveted SPORTS ILLUSTRATED assignment, though, the battle raged anew. Casablancas and New York president Monique Pillard contend that Elite was entitled to handle the job since the agency represents Campbell in New York. At one point they even fired their star model, but soon reconciled. "I'm going to get to the bottom of this," fumes Pillard. "I spent three years trying to shove Naomi down S.I.'s throat." The Fords insist that since the photo shoot was in Europe, Ford France was entitled to handle the assignment...