Word: credited
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Dates: during 1960-1969
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Harvard Trust will have a tougher credit policy than did the Coop, but no tougher than the Coop planned for itself this fall. Because of the high cost of money the Coop was planning to tighten credit and tack a 1.5 per cent interest charge on overdue bills...
...used to carry hand bags were medieval couriers, New Guinea natives, mailmen, doctors, photographers and Truman Capote. These days, with trousers slim and pocketless and Ed wardian jackets cut to hold no more than the wearer, men are finding it ever more difficult to make room for even a credit card. Billfolds, eyeglasses and loose change? Forget them. Unless, of course, a fellow could get away with carrying a handbag...
...skeptics who still doubt that the cashless society is only a credit card away should have visited Ohio State University last week. There, with all the aplomb of executives signing for an expense-account lunch, student after student stepped up to the bursar's desk during registration, pulled out a shiny Bank-Americard and announced: "I'd like to charge it on my credit card, please...
College-by-credit-card is backed by Columbus' City National Bank, which in 1966 became the first bank in the state to offer a major credit card. So far, 150 students have signed on the line, and the bankers expect that more than 4,000 will be using cards to pay for tuition or room and board at Ohio State before the year is out. The idea is likely to spread. It has already taken hold in California, where students at Stanford, San Jose State and throughout the University of California extension system have charged their education...
...their competition for new customers, officials of banks and independent credit-card companies have concocted many new ideas that go far beyond the campus. Credit cards can now be used to rent a wedding hall in Reno or to, buy an hour on a psychiatrist's couch, a can of fishing worms in San Francisco, or a tour of Washington...