THE
JEWISH
NEWS

CHASE HOME EQUITY
LOANS AND LINES
OF CREDIT:
THE COMP ETITNE
TAX ADVANTAGE.

ASSOCIATE PUBLISHER:
Arthur M. Horwitz
EDITOR EMERITUS:
Philip Slomovitz
MANAGING EDITOR:
Phil Jacobs

ASSOCIATE EDITOR:

Alan Hitsky
ASSISTANT EDITOR:
Elizabeth Applebaum
STAFF WRITERS:
Susan Grant
Kimberly Lifton
Richard Pearl
CONTRIBUTING EDITOR:
Elie Wiesel
WASHINGTON
CORRESPONDENT:
James D. Besser

FOREIGN CORRESPONDENT:

Helen Davis

PHOTOGRAPHER:

Glenn Triest
LOCAL COLUMNISTS:
Danny Raskin
Carla Jean Schwartz
BUSINESS MANAGER:
Marianne Taylor

INTEREST PAYMENT DEDUCT1BILJTY

CHASE HOME EQUITY PRODUCTS YS. OTHER FORMS OF PERSONAL CREDff

100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%

•

As shown above, Chase Home Equity
Loans and Home Equity Lines of Credit may
provide substantial tax advantages. That's
because interest may be 100% tax deductible
on your home equity product amounts up to
$100,000, With credit cards, student loans,
installment loans and other forms of personal
credit, you may deduct only up to 10% of your
interest payments in 1990. And nothing from
1991 on. Plus with many of these other loans,
you may pay higher interest rates.
So it may make sense to pay off your existing
loans and credit card balances with a tax-

PRODUCTION:

advantaged Chase Home Equity Loan or Home
Equity Line of Credit. Or use the proceeds to
finance home improvements, college tuition
and other large expenses.
Talk to the fmancing experts and maxi-
mize your tax savings. A Chase Personal
Financial Consultant is ready to help you select
• e that's compatible
the Chase financing
with your individual cash i ow requirements. So
call today—and enjoy personalized service from
a home equity expert.
For information on Chase Home Equity
Loans and Lines of Credit calla local Chase
office at the number listed below. Home
Equity Programs up to $500,000, and
higher are available ifyou qualify.

e

Sherryl Adler
Donald Cheshure
Cathy Ciccone
Curtis Deloye
Joy Gardin
Ralph Orme
Gayle Schmidt
OFFICE STAFF:
Shirley Berman
Leslie Kantor
'Percy Kaplan
Linda McCarthy
Seymour Manello
Pauline Max
Marlene Miller
Dharlene Norris
Melanie Wilson
Betty Wolocko

SENIOR
ACCOUNT EXECUTIVE:

Danny Raskin
ACCOUNT EXECUTIVES:
Susan Brooks
Kevin Hayes
Kathy Johnson
Betsy Leemon
Lisa Marshall
Rick Nessel
Patricia Zorlen

Chase Personal
Financial Services

CORPORATE STAFF:
Publisher

h. CHASE

Charles A. Buerger
Editor
Gary Rosenblatt

NIP

General Manager

Sylvia Stafford
Editorial Coordinator
Ron Ostroff

Art Director

*Since each person's tax situation is different, it is recommended that you consult your own tax adviser op how tax laws may apply to your particular situation.
The Chase Home Equity Line of Credit is available only for 1-to-4 family primary residences. Your Home Equity Loan or Line of Credit will be secured by a mortgage
or deed of trust (lien) on your home.

EDITORIAL DEADLINE: All

4231

public and social announcements
must be received by Friday noon,
seven days prior to desired date of
publication. Must be typewritten.

CLASSIFIED ADVERTISING
DEADLINE: Tuesday noon
DISPLAY ADVERTISING
DEADLINE: Monday 4:30 p.m.

CHASE MANHATTAN OF MICHIGAN

BLOOMFIELD HILLS
Ross Roy Building
100 Bloomfield Hills Parkway, Suite 140
Bloomfield Hills, MI 48304

SUBSCRIPTIONS: 1 year-$29 — 2
years-$52. Out of State-$37 per year.
Foreign-$52 per year.

313-645-6466

© 1991 Chase Manhattan Financial Services, Inc.

Deb Branner

EQUAL HOUSING
OPPORTUNITY

27676 FRANKLIN ROAD
SOUTHFIELD, MI 48034
TELEPHONE:
General (313) 354-6060
Classified (313) 354-5959
Display Adv. (313) 354-7123
Fax (313) 354-6069

© 1991 by The Detroit Jewish News

8

FRIDAY, FEBRUARY 1, 1991