th 1 460 chain
e rid of on court of alleged
discrimination, it eems that a new
jumps up to put a cloud ov r
what Richardson may h v thought
was going to be a good day.
If Richard n i ying that h i
ick and tired of b ing ick and tired
Disability Insurance
min di abled i omething
m t pee pi don't cho e to think
I ab ut or to prepare for. Tho e who are
insured a ainst Ion -term disability
often have coverage which fall short
of th ir tandard 0 living.
One main on for thi i that
di ability insuran can be exp nsive.
Th st of policy can easily run
1,5 or more pry r.
But. your chance of becoming
di bled are greater than your chan
o dying.So it' wi to make ureyou
are v red.
Your coverage will b limited to
65p rcent 0 yourin m . So, if you
make 2 a month, the maximum
benefit you could receive i 1,
You hould be covered at work. If
not or i you are elf-employed you
will have to buy di ability insurance
yourself.
Th re are everal fa tors which in­
fluence h v much you pay for cover­
age. Fi t, what i the insurance
company' definition disability?
Coverag will co t I if you get a
policy that will pay if you can't work
at any job notjuston in yourspecific
o upation.
Next, h w long will i the waiting
period before the policy starts paying?
Waiting peri ds vary from 30 days to
1 year. Th longer the waiting period,
the cheaper the policy. Typically
waiting periods are 90 to 1 day.
And finally how long will the pol­
icy pay once you are di abled. You
can get coverage or everal years to
age 65 or for life. Th horter the time
you will be receiving benefits. the less
expensive th policy.
Car Financing
Credit unions can ffer great deal
on finan in a car. On average, they
charge around 8.5 percent for a new .
car loan, about half a point lower than
banks.
Now that GMAC, General Motors
Acceptan Corporation, will only fi-
EDWARD T. LEWIS, Publl her
of E sence Magazine and CEO
of E ence Communlc tlon ,
Inc., has been elected ch ir­
man of the board of Tran-
Afrlc Forum, th re earch
nd education affill te of Tr n­
sAfrica, Inc., a lobbying organi­
zation for Afric nd the
Carribean.
West Co t locations of t chain
h ve been proven to h e denied
children of BI ck famili
pany' fr dverti ed
m
.:a • .,. ... '"_ ...... � fil d
c use th had m th m
ei ther, pre-pay for m • nd/or
forced them to p y cov r harg
b fore bing rved. Richardson'
company sign a cons nt decree
yingthatitwouldend uch pan rns
of discrimination.
But before the ink w ev n dry
on th consent decree, ix African
American U.S. ecret S rvice
nance GM cars credit unions and
banks are working hard to pick up that
busin . They may help you negoti­
ate for a car, and offer flexible, inno­
vative loans for new and used cars.
For example, you can make low
monthly p ymen for a pecified
time, then payoff th loan with one
larg payment. or re inan at that
point.
About 1, credit unions ub-
cribe to PC Carbook, a computerized
car pricing ervice which is a ource
for good deals. Also, orne credit un-.
ions will even arrange discounted
deals through auto brokers.
Hold That Check
Sin , the "holds" that finan-
cial institutions can place on checks
have been limited to two busin
days on local ch ks and five busin
days on non-I cal checks.
A local check is defined as one
written on an account at a depository
institution in the same Federal Re­
serve check processing region on
which the check was drawn. There are
48 such regions.
In order for a check to clear, th
thing to remember i busin day.
not calendar day. You can overdraw
your account if th proper number of
day has not elap ed.
Al 0, depo its made by h, gov-
ernmentorcashicr' cbecks or by wire
depo its are made available for with­
d rawal th day after depo it - not th
day of deposit.
Fighting Racial
Discrimination in Home
Mortgage Lending
Going after that dream home can
tum into a nightmare. Perhap you've
been turned down for a home loan for
what is given as a "busines reason"
WILLIAM G. MAYS, Ch irman
nd CEO of May Chemical
Company, Inc. will be the key­
not peaker at th N tlonal
Black Chamber of Comm rce'
(NBCC) Sixth Ann atlonal
Confer nce to be Id In Dal-
Ia ,Texa ,Augu t 25-29,1993,
NBCC offici I nnounc d.
BeST CHANCE:
Match
JUNE 19,1993
Lotto Ticket
Chari Ro is 110. t of the nation­
ally syndicated radio program, Your
Per: onal Finance, and author of Th
Best of your P rsonal Finance, and
bould hire an
African Am rican peciali t to over-
ee fair treatment and ment of
t letting of franchi
and r ruiting.
In t meantime, Blac inter-
ted in taking care of busin
hould top bing" ick am tired" of
the grilling of the imtitutional ra­
ci m that e all koow exi ,and
give TW Services a call at (803) 597-
and help th m put more Blac
in charge of th ir grill.
YOUR
PERSONAL
FINANCE
01
DARRELL
K
DURING THE CIVIL righ
roovrment many laws WC'lC broken.
The laws WC'lC broken their
dIed k) continue k) enslave aOO
dcrigrmc milliOil of people, In the t
thirty years mini-rebelliom have oc­
curred from California to New York in
resporse kl injlBti. rebeUio
have the color line aM pre­
saved the ri� of the people k> em­
nomic aoo political freedom.
The alternative k) rebellion' to
voe, 'Ire reeson not people do rot
vote is becase they 00 oot see �
The law is viewed a way � erslave
aM �� Armicans. But, when
we fail to exerese olD" right to."rebd",
D wtl; aM D cboose politiciam aOO
OOministrators we oontin� D suffrr.
Rebcluon is the ultimate remedy.
But to w� k> seize control· lader.
To utilize the la\w to effectively change
you �ighbothood, to � the gOvern­
ment for failure provide and equal
cdocation, 00equme city services, aOO
the right to emp10ymmt is bald.
To openly aiticize olD" eJedCd offi­
cials is difficult But to rot 00 so i a
disservice to yowself. A law can be
good or bat, depeOOing on your opin­
ion. The main thing is D express an
�n, rot to �ur neigllbor but to
yourd(dCd omdals. .
IT you 00 rot li what the Presidmt
or the tIash colleeor has c1onc; make a
pborecall or write a leUtt. Ifyouoon't
vote; you won't have Fcdcral, S1att; and
local Judges that will protect your righ1s.
IS YOUR GARBAGE picked
up? your child in coUcgeorjail? A
vote influences all of tlis. A voce telb
your e1cdcd official, am ttu;e �
poin1ed by that official, what' impor­
tanttoyou.
'Ire seeom duty is D dJ:)a;e repre­
sen1ativcs BOO to 00ld them cnx>unt­
able. To merely vote is wro�.
Witmut a b8ge of suppm a politi­
cian1ll1ge will rot urvive. An exam­
ple of this· Lani Guinicr. She was
oominaIed k> be heai of the US JlBtice
Department's Qvil Right's Division.
Many will disagree with bet id .
But, the fads are, that many �­
cam canoot exercise the right -to wte
and obtain fair�n. Without
s\.WOIt from the Blade popula::e and
others htt oomination failed. Her idea;
would mve challenged Amaica but
now will remain silent.
WOO � ac:courubIe for the Sl!:ln in
the�ota'�'liwpro�
A wtc is irnpor1ant, the law protects this
right The law also allows \B D c:xP
Oll'disagreemen •
The third duty is D respect tha;e
laws that are fair aM jist, Many idem
on freedom in the Declaration of Indo-
CTORY
IT Will
PAY
TO DEAL
WITH
RAY!
Special Fx
by Linda Faye
Comfortable Clothing: Men, Women, Teena �
. Toddlcrs,Infants(Hand Deaigncdj
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R&:IportI- TypodIFl)U'llInvitationa/Signs
DcIi.gn Il1DD will vary . to Spcclal Fx of order-I
hour to ODD pcpo.it required. Ph. 541-1893
,
Reparation Todayl
NQ More Delay!
the newly published, Your Common­
ense Guide to Per: onal Financial
Planning.
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HERE
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ATTORNEY AND COUNSELLOR AT LAW
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DETROIT, MI 48244
(313) 865-3619
Over 60 yrs in business
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RAYMOND J. KLOS 11515JOSEPH CAMPAU
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e AccnlOllcs hc�1s
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".0. lOX 03ee0 - HDI.NI) "AN<. .. 48Z03 - �'1� 521-5157
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�
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Ceruneo Real Esiet M nager
Located To Serve You
863-3222
"000 W. Mc'��:ho/s
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I Commercial Store Fronts
House- Glass, Tabletops
Mirrors
I I
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