Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.

Page 2 · column 3 of 9 · from the scan, no model involved

The clipping this text was read from
The clipping this text was read from

you ask? Can you question something like that? To me, the answer is “Yes, I can, and I do, question the “Go now, Pay Later" concept. Two basic economic philosophies concerning credit cause me to doubt the beauties of "Go Now and Pay Later." I have respect for credit, wisely used. I happen to believe that credit has done much to give us our present high standard of living and does much to keep it high. On the other hand, and perhaps I'm just beingoldfashion ed, I think the old credit rule of thumb, that a loan should be repaid while the thing it bought still has some useful life, has merit. It’s much harder to pay for something you no longer have than it is for something you are still enjoying each day. Too, it seems that you don’t budget yourself as severely to your real situation when you "Go Now, Pay Later." i Again, it’s easy to underi estimate what you’ll spend and 1 overestimate what you can ■ repay. Too big a difference , can mean budget trouble all year, for something you no i longer are enjoying except as F a memory. In fact, you could ; well come to dislike the > memory of that particular va; cation. Go now, pay later! Maybe it , is for you! Only you can decide ! this. It does, however, have - some pitfalls for the unwary. . It’s hard to pay for some, thing you’ve used up. It’s easy to overcommit yourself to re, payments.

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