CHECK ON CUSTOMERS
HIRE-PURCHASE FIRMS SET UP CLEARING HOUSE TRADE SECRETS KEPT Reed. 12.20 p.m. LONDON, Wed. A hire-purenase information bureau, covering houses with an aggregate capital of £10,000,000, has been established in London, where ah hirepurchase agreements will be registered. Thus firms will be able to estimate the extent of the customers’ commitments and whether they are faithfully carrying out their agreements. In order to prevent the trade secrets of one firm being known to another, all information will pass through the bureau, which is a secret organisation used only as a clearing-house of the big banks, motor agents, furniture and gramophone dealers, and big departmental stores, who are supporting the scheme. „ ”
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Sun (Auckland), Volume IV, Issue 1014, 3 July 1930, Page 12
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113CHECK ON CUSTOMERS Sun (Auckland), Volume IV, Issue 1014, 3 July 1930, Page 12
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