Word: payments
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Dates: during 1970-1979
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...assembly put up posters, took out an ad in The Crimson and sold tickets in dining halls and the assembly office for three days to advertise the train. The assembly did not put a down-payment on the train, however...
...likely either to cut back on making home-buying loans or attach tighter conditions to them. A typical instance: First Federal Savings & Loan Association of Chicago has just shortened the repayment period on all mortgage loans to 25 years from 29 years, and now requires a minimum 25% down payment, vs. 20% formerly...
...gasoline squeeze, angry consumers are putting most of then- heat on the retailers, in this case the heating-oil sales and delivery companies. With prices and interest rates climbing, refiners are tightening up on credit terms, forcing the retailers to demand quicker payment from homeowners. But many of their customers are starting the new heating season with unpaid charges from last year...
...that 17 of the 22 pieces of furniture had been sold, but Benedek was never paid his half share of the proceeds. And although Straw had told Benedek that he had a buyer lined up to pay $19 million for the $15 million group of old masters, no payment appeared from that deal either. Benedek became suspicious and, he claims, asked Straw for proof of purchase and sale. Straw did not furnish it. He wrote Benedek two checks totaling $655,000; both bounced. Then he wrote three promissory notes to cover his debts and, according to Benedek, defaulted...
Most of the buy orders are for $10,000 or less, and some of the checks being used for payment are being drawn on credit unions and savings banks by small investors. Joseph Hale, president of World Wide Coin Investments in Atlanta, reports that one client wanted advice about whether to sell her house to buy gold. Most small investors appear to be looking not so much for profit as capital protection...