Loading...
HomeMy WebLinkAboutZurich Citizens News, 1971-03-04, Page 10PAGE TEN WOMEN'S WORLD PROTECTING THE CONSUMER \irk. 1 vmhtcrner n rhaurnon rr/ tho by Lilah Lymburner ll'ntttrvt' \r1\i'un (rzntmrlfoo ONTARIO DEPARTMENT OF TRADE AND DEVELOPMENT Credit buying is widely ac- cepted today, even though many of us can remember not so long ago that buying "on time" was something of a soc- ial don't -talk- about -it. Not so any more. Indeed, an estimated 80 percent of everyday house- hold business in Ontario is now done on credit --be it paying the hydro bill or charging the cost of drugs at the corner store. Earlier, I wrote of the wise use of credit and credit cards as an aid in sound family budget ing, Today I would like to out- line some of the legislation that exists in the province to protect the consumer. In borrowing cash, financing a car, taking out a mortgage Obituary WILLIAM S, LAVIS William S. Lavis, 62 of Bloomfield Township, died February 22 at William Beau- mont Hospital. Funeral service was held on Thursday, February 25, at Bell Chapel of the William R. Hamilton Co., Birmingham, Michigan. Crem- ation was at White Chapel Memorial Cemetery, Troy. Mr. Lavis had been a real estate broker with Ralph Man- uel Associates for six years. Previous to that he had been a unit manager with Proctor and Gamble, but had retired from that firm seven years ago. Mr. Lavis was a member of Palest- ine Lodge 357 F. &A, M„ and the Birmingham Lodge No.44 F. and A, M. He was also a member of the First Methodist Church of Birmingham and Oakland Hilts Country Club. Mr. Lavis is survived by his wife, Marie D. a daughter Mrs. Maurice H. Hofmeister of Park Ridge, I11. and a son Lance W. Lavis of Birmingham, and a step -son Vaughn C. Graves of Martinex, California, two brothers Robert, of Orchard Lake and Jack, of Burlington, On t. six sisters, Mrs. J, W. Bowen (Dorothy) Royal Oak, Michigan; Mrs. John Wade (Jane) Utica, Michigan, Mrs. Jack Douglas (Marg) Woodstock; Mrs. Burt Brown (Helen) Stoney Creek; Mrs. Wes Haddy (Fannie) Willowdale, Ont, Mrs. John A, Cooper, (Grace) Kippenand four grandchildren. DASHW000 Mora 237-3381 or 237-3422 or establishing a revolving cred- it account with a retail store, the consumer becomes involved in contracts, interest rates and service charges that are not always clearly understood. Sim- ilarly, you become involved in serious financial obligations when you buy a house or prop- erty, purchase a used car or make investments. It is essential that you have a full and clear disclosure of all pertinent information to know exactly what you are doing. To clarify these and other matters for Ontarians, and provide assist- ance and guidance when needed, the Ontario Department of Fin- ancial and Commercial Affairs has expanded its services in recent years. In all contracts where money is borrowed, or when goods or services are bought on credit, the true rate of interest and service charges must now be set out clearly in the agreement This enables the borrower or purchaser to know exactly what he is paying for. It is no longer possible to "'i!iiw�cr �11,:" '.';4S41r c, "„t:�` aaytiptt�d5id i !��+r W;.f�tiio ZURICH CITIZENS NEWS have hidden charges and unspec- ified service "extras", The exact amount of payments and the number of payments must be clearly specified. Another important area of added protection deals with "itinerant sellers, " more fam- iliarly known to housewives as door-to-door salesmen. People or companies that do business away from their premises must now be registered with the department's Consumer Protect- ion Bureau. When you sign a contract or buy something from an itinerant seller there is now a "cooling -off period of two days in which you can change your mind and canel. the order. This is indeed an im- portant step in protecting the consumer. from the high pressure salesman who might fast -tall< the more gullible into buying something not really wanted or needed. The law also sets out rules regarding repossession of goods, which now requires court approv al if two-thirds or more of the purchase price has been paid under the instalment contract. All these matters I have outlined are explained fully in the pamphlet Consumer Credit, obtainable free of charge from: Department of Financial and Commercial Affairs, 555 yonge St., Toronto 284. Changes in legislation to protect Ontarians buying real estate in, or outside the prov- ince, and covering the buying of used cars, are outlined in other publications of the dep- artment. Smile ! The old picture of anxious youth going forth into a hostile world has been reversed. It now looks more like hostile youth going forth into an anxious world --a world not sure of what to expect from them, Blessed are the young. Among other scintillating things: they will inherit the national debt. THURSDAY, MARCH 4, 1971 LADIES BOWLING Night Hawks - D. Hess - 727 Dominionaires - L. Sweeney -62i Left -Overs - D. Rood - 696 Happy Gals - E. Smale -602 Packers - F. Gibson - 723 Starlites - D. Finkbeiner - 695 Ups & Downs - L. Riddell -664 Mix -Ups - A. Faber- 598 Pin -Poppers - D. Bell - 582 Scamps - M. Thiel - 536 Alley-Oops - L. McNair - 635 Jolly -Six 0 V. Smale - 554 $AVE ON THESE TRACTORS & EQUIPNMENT Ferguson Belt Pulley $ 40. $ 150. .$ 500 Ford 8N $ 495. Ferguson 2085 $ 550. IHC 330 Gas $ 800. IHC '460' Gas with loader $1900. $2975. Ford 5000 D, 8 speed ... . $3125. Ford 5000 0, 8 speed $3725. SKI-DOOS 1 - 1970 "399" NORDIC electric at $ 725. 1 - 1969 "320" OLYMPIC electric $ 450. Ford 711 Loader Ford 8N Ford 6000 D Sni r LIMITED FORD TRACTOR EXETER 235-1640 rs LUCAN 227-4191 i!, , :r4 h, ,' 56.. "ba *I'SJ n 4 14 ere' cyou cera Seed Treating Barley Contracts Seed ;train Red Kidney Seed Seed Be ns All indications point to 1971 being another Good Year for White Bean Prices, so once again we are recommending White Beans as your Number One Cash Crop. We have a good supply of the "NEW TE+ W SEAQ+ ARER VARIETY" both Foundation and Certified. We suggest you Order your requirements Early while stocks last. We still have a Limited Number of ALTING : ARL1 Y CONTRACTS'' available, to save disappointment, Order Now. "Trade with ° Confidence" Trade With DIVISION OF GERBRO CORP. NSALL PHONE 262-2605