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The Law and You Res Estate Show Place Sept 1978 These nuesllons nil based tin Ontario lire Inform and lo advise or interpret the lidnnd advice of trained knout the facts since Ihe firts of each case mi change J I plan have some repairs done on the house and will need borrow money Does it maki difference whether I go i or finance The or receive from i finance Icndi r In for tin rifiiit lo property should tin borrow default on the pawners perhaps i cosigner on Iran will suffice Apcrsonm sinning in feci is promising the loan should Hit borrower default on his merits While it may be more difficult to obtain a loan from a bank it is to your luge to as bank rates arc general lower ban those of a finanic company Also a bonk is likely lo advise its customers on financing If you can not obtain a bank loan it may be worthwhile postponing jour purchase ask yourself if it Is absolutely necessary to at that time I am that raUs can go as high per tint a a little steep Is there no lim set the gov A loans are lC by the Iran set agreed to vou is binding Loans under SI arc governed the Small Loans Ait this thirc is a set limit of per cent a month on the first then l per cent a month on the next and per cent a month on the final J500 Looking at a schedule of examples per cent a 0021 cent a 177 per cent a 00- 16 per a year SI per cent a It is that loans under are the most One should he nary o lenders offering lu loan over SI and also of Hill whereby small loans an amalgamated In such cas the loan could and the would lose the protection Ail When I am obtaining credit what information am I entitled to receive from the lender A If you do buy on time and the purchase price ex the Consumer Protection Ait requires that the contract contain in writing the fallowing name and address of the seller and buyer a description of the goods sufficient to Hum Continued on page Saxe P Sail RliNof 8772219 or ff COMMERCIAL STORES v Lorn Limchouii BUY YOUR OWN GARAGE TALL PINE ESTATES sold lof loft to from Dont miss it Exclusive with very homos Right now 2 homos open for inspection Exceptional curb appeal as well as host of thought out interior amenities outstanding workmanship Drive by tonight or bettor still cell Robin Fischer to toll you more about ir before Cfirittm is Lot 12 bedroom floor Doiiiiit loot line lol split Lot JOS 800 ir ir Kit walkout baser vvisluooms Stephen P Saxe Limited Realtor 170 Guelph Street Georgetown Ontario Tom Cooper I John Caton 6564 Norm Sinclair Howard Caton 877 Don McMillan Wendy Saxe Robin Fischer Eleanor Langdon 8777194