turers awl nnaJXlal iDStiltutiOlIB. Rcwttly, of rity AuklIOOb �f'lIU.J), � mimritycar wm�� � t grot4) of miIDity pcqlle in Us.", Wmhingm � k>bby�' 'CDlIDat- lonal representati for the government'. upport. The NAMAD . . gowmncd row! of Ad- �tJatioo (SBA) Iq-am, low �rcst loan a $100 mI­ lion� program � emile lO,(XD rew j's P '­ dent, Clmks HaneD, "MiIDity- 0WIJ:d deaJeIships are fBiliDa twice � ta eX otmr car cbb'­ ships. Twenty percent, or 142 mioority-owD!'Jd tIM failed." HaImll, owner of a dealer­ ship in Midigan, . "Im1:ad «­ bailing Ilim. wmtads1mQqtessiomlBlKt ClwcuI 0mnlUce fir Mimdty Deam.OtmBlackOmcusnan­ bersam�AfJican..AmeIkI adYertSng am.,. lies Il1o vdcecl their backing of � NAMAD ��QjJjns is��a.pidHll�rl � �'s quest fir� �.Abo���'s agm!a at � Iigbest IeYds WM Ford MliX'axq,any's VlcePlai­ dent, Elliot Hall, wOO WM 1be � spcalccr � � m u> dealers tIEl came � b mdcxl' capital. Hall woo � African Ameaican. , is Ford's lad of W� Af­ fairs. A lawyer am a MD ety native, Hall ooIds a political� degree from W� S1atc UIiYet­ sity which lr¥ him in his Ii&b­ leYel imeradiom wi1h rranbers «­ Congress, Senate and heidi of � agruics. HIs � party boBs tpOrate leader in minority employment, career mobility aM s�lier contrads. Ford's current rommitment 10 minority dealers, prospective mimrity dealeIS m1 comrmmity outreach programs bode well for expectations that African­ American consumers will look ckser at � value am IlBIknl im­ pact of their produ:t. Fonner l.hben Leap dIldII, Helen Love, � � RId's cu­ teaeh programs � Blade � from Detroit Robert HD1 Uo in Detroit and is head of Ford's Mimrity Dealt2s. MINORITY DEALERS need 1l:1p from � bcaltae, in rm;t � they are "seriolsly under capitalized" Aannq � Hartell, tb:y are "lodcM cd' d. import frarxiB oppOOlDtics eX car makcts in Euiq)e am Asia. To overrome finamal sOOr1falk, � FAIR,A10 • Hom own r hlp min r KYE I THE So you arrive in America Ith little money, no b I ex- 0 perienee and no collateral. Ho do you buy or start a b I If you are a Korean-American. Simpl • You your friends for money. Tho ndJ of Korean· America e I system call d ·kye· (pronounced • y.). A kye II I group of ten to twenty peopl contribu a tllDountofft)Oooy minar n bo come buyen. KeEteliUDe be rYed. TROY, ICHlOAN - Standard Fedtral Bank will bold a free Community Home Buyer's Pro­ gram Seminar on S turday, July 25, 1992 from 10:00 a.m. until 12:00 noon at tho Foe Hope Center For Children, 1SSO Oak­ man Boulevard In Detroit. This To refl.rter, or lor ill{ontUJ­ tiOIl abo'" t prol'GIft, call 313/643-9600, e%leLfloll6977. ByC'_' G Of the dozen of types of insur­ e you can buy, there are six )'OU want to ide The tlval rela- tionship of the teful insurance awe i so low you' . I be financing the next in eX youth. The in ura e lim . . 'm inly into two categorie- in urance ttached to purchases and urance attached to loan , n urance nacbed to purchases de extended rranties and rvice contracts that are supposed to cover repair co of stereos, appliance, automobile or other major purchase that the manufac­ turer' warranty doe not cover. In urance attached to loans i ctually life or disability i urance with fancy name like credit life, credit disability, mortgage life and chargegard. These are in oded to pay off your loan if you lose your bility to work or lose your life, These gimmicks co t most families $2.000 to 53.000 every year or $20.000 to $30,000 every to years. They are the hiJhest profit gimmicks in the insurance bu iness, with profit marlins sometimes ranging 80 percent to 90 percent for insurance companies, . which then pay as commissions up to 60 percent of the profit to banks, car, dealers. credit card companies and credit union that sell the' insurance. Often these in uranee contl'lCtl are slipped into purchases and loans without the awareness of the buyer or borrower. One study showed that 40 percent of those who were ply­ ing for credit life and disability didn't know they had bought the optional in urance. Your objective is to firSt search your purchase and toan papen 10 find and cancel the unnecessary CO't'efIIeI you have. then mentally gear)'OUl'lelf to refu e to ever again buy these high-priced gimmicks, no maner what the sate pitch. You will pocket 52.000 to $3,000 per year for the rest of your life. , ' as soon as they go out for bid. Twenty� tour hours a day.' Seven days a week. Even if you don't own a PC, you can still access business opportunities through EPAC. EPAC is on-line at selected Detroit Public Library branches. ' For more information, call the EPAC hotline at (313) 224-0418. o mat r W_-..r.... __ ...._ 'II.�' to be done, undone 01' ,,'J reo to your home in Detroit, Pontiac, ot Highland Park, we can help. ' , . Our loans are fast and affordable. And we'll work with you to come up with a payment that fits ore I. pby anyone of our convenient locations or call us at (313) 339-5626 and we'll take your application over the phone .. You'D find that doing a little 'housework has never been easier. • I' o t 11{�1 ;\[\ 11 {I ( ,'\ �- ... ONEOFniEMIDWESrSBlGGBTBANKS,BlITONLYWHENYOUWANTUSTOBE. ·ao.Ion$SOOO, 9.9OIA.',A., ,tU,,"aHion!«.I80-monthrerm, AI/loons ubJtcttocrtditapprotIGL Mtm�rFDIC. EqUdIHou"",uMrr. e '�OlllTY BUSINS' lPI. UIJ.D Are you' missing out on business ,opportunities because, you. always em to find out about 'a contract bid after the fact?' , Wayne County 's Electronic Pro­ curement Assistance Center (EPAC) can help you close the Information gap. With a personal computer, soft­ ware and a modem, you can access bid opportunities from Wayne County yn Initiative o or Edw� H. McNamara, Wayne County Executive , I