Does It Pay to Borrow?
By Roy B. Westerfield,
Professor of Political Economy, Yale University
Revised by Frank Adams, Copy Editor
Contents
Introduction
- But is it really as simple as that?
- Can’t a loan be a wise investment?
- The other side of the picture
- Can you get into debt without borrowing?
- How about the bankruptcy laws?
- How does the word get about?
- Do you want your own business?
- Are good intentions legal tender?
- How many kinds of debt are there?
- What does consumer credit do?
- Is this an evil?
- Is our standard of living supported on credit?
- You can’t buy a car and eat it, too
Does Debt Influence the Way You Live?
- A hard way of saving
- How does debt affect character?
- Can the government do anything?
- How about the installment system?
Do You Ever Need Cash in a Hurry?
- Loan sharks
- Personal loan companies
- Personal loan departments of banks
- Insurance policy loans
- Industrial banks
How Much Does Consumer Credit Cost?
- Is it better to buy or rent?
- But on the other hand
- How are you going to pay for it?
- Fixing up the old homestead
- Where else could you turn?
- Installment purchase loans
What Does the Government Offer You?
- Who is eligible?
- How does he get it?
- What are the terms of the loan?
- Where does the veteran get a loan?
What Kinds of Loans Are Guaranteed?
- Home loans
- Farm loans
- Business property loans
What Are the Rules and Regulations?
- Look out for the con man
- Possible approaches
- Practical discussion materials
- Questions for discussion
Suggestions for Further Reading
