when was the US system of postal savings accounts abolished? why? (When did
it arise?)
when did the US savings loan system arise?
why did credit unions become popular and when?
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
I believe that the SL's began during the depression. Previously, you had
to pay off your loan with a giant balloon payment all at once at the end
of the term of the loan. It proved disastous during the depression.
On Wed, Oct 24, 2001 at 03:30:05PM -0700, Jim Devine wrote:
when was the US