North Carolina Newspapers

4The Daily Tar Heel Wednesday, January 25, 1989 "Bnasiiiess PRESCREENING COMPANIES Date Company Job Major 22089 C & S National Bank Acct.,Bnkg. ANYBA,BS 22089 Great American Ins. Co. Insr. BUBS, LIBABA 22089 SAS Institute, Inc. Prog., Soft., COM PBS, ST ATMS Stat., Anal. 22089 SmithklineBeckmanCorp. Gmgt. LIBABA; BIOLBA.BS; CHEMBA.BS 221,22289 Castner Knott Company Rmgt. ANYBA.BS 22189 Merck & Co., Inc. Erivr. ENVRMS 22189 Microsoft Corporation Prog., Soft. APCSBS;COMPBS,MS,PHD; APMABS; MATHBS, MS, PHD 221,22289 Ralston Purina Sale. ANYBS,BS 22189 Touche Ross & Company Acct. BUBS, ACCTBS 22289 Chicopee 22289 Florida National Bank Bnkg. ANYBA,BS 22289 KMart Apparel Corporation Rmgt. BUBS 22289 Morgan Stanley & Co. Gmgt. ANYBA,BS 222, 22389 PPG Industries ' BUBS; CHEMBS.MS; ORSABS,BA 22389 American Mgmt. Systems Infm., Mgtc, COMPBS,MS,PHD; APMABS; Mis.,Dbgm. ORSABS,MS,PHD 22389 Eli Lilly & Company Biol.,Chem. BIOLMS;CHEMBS,MS,PHD 22389 Internal Revenue Service Acct., Finn. ANYB A, BS 22389 Parke-Davis Sale. BIOLBS; CHEMBA,MS,PHD; MEDTBS; NURSBS; PHARBS 22389 U.S. General Accounting Off. Comp.,Accl. POLIBA; APCSBS; COMPBS,MS; ORSABS.MS; STATBS.MS; MATHBS, MS 22489 American President Cos. Gmgt. BUBS, ECONB A, INTSB A, COMPBS 22489 Crum and Forster Personal Insr.,Oper. ANYBS.BS 22489 General Foods Sale. BUBS, ECONBA, ENGLB A, SPCHBA 22489 General Mills Sale. BUBS, ECONBA, SPCHBA 22489 Hoechst-Roussel Pharm. Biol.,Chem. BIOLBA,BS,MS; CHEMBA,BS,MS 22489 Mitsubishi Prog.,Sanl. COMPBS, MS, PHD 22489 Visia Chemical Company ANYB A,BS; BUSBS; CHEMBA.BS OPEN SIGN UP 22089 Automatic Data Processing Sale. BUBS, ACCTBS, ECONBA 22089 PIRG Gmgt.,Pubr., ANYB A,BS, MSHD Rsch., Admn. 22089 Roses Stores Inc. Rmgt. ANYB A,BS 221,222 Ralston Purina Sale. ANYBA.BS Gain financial know-how at students' credit onion By JAMES COBLIN Staff Writer The Carolina Students' Credit Union is recruiting students to work with marketing, personnel, treasury, credit and accounting, according to Christie Snowdon, CSCU personnel director. The credit union is looking for people to replace the participants lost to turnover each year, said Brad Beebe, general manager of operations. Anyone is welcome to volunteer, but CSCU offers special opportun ities to business, economics and accounting majors, Beebe said. CSCU employees work on a volun teer basis, but the experience they gain will pay off when they look for jobs after graduation, Snowdon said. Because CSCU is a real business working for real profit, experience gained there can be used later in life, she said. "We are making an invest ment in ourselves." CSCU officers hope large numbers of freshmen and sophomores will sign up because they will have a longer period of time to learn about and work for the CSCU, shift manager Jennifer Bouts said. An information session and recep tion for all students interested in working for the CSCU will be held Monday, Jan. 30, from 7 p.m. to 9 p.m. in the Union Auditorium Lobby. All committee chairmen will be present at the meeting, including the offices of marketing, personnel, credit, investment, operations arid treasury, Bouts said. Applications will be available at the meeting and interested students will be interviewed on the following Tuesday, Wednesday and Thursday to match students' interests and abilities to different areas of the credit union, Bouts said. This semester is the first time this kind of recruiting drive has been held, but it will probably become a regular event, Beebe said. State lawsuit filed against firm? offering 'credit repair' service!; By SUSAN HOLDSCLAW Staff Writer A bad credit rating is not able to be changed through "credit repair," despite claims by firms like Interna tional Business Services (IBS) that damaging information can be removed from credit bureau files. N.C. Attorney General Lacy Thornburg has filed a suit against IBS charging the firm with promising clients that it could have information such as bankruptcies and reposses sions removed from credit reports. According to sworn statements filed with the attorney general's office, IBS charged fees ranging from $150 to $499 for the service. The lawsuit and statements con tend that IBS made false represen tations and failed to do anything to improve credit ratings. In some instances, IBS failed to obtain a copy of the consumer's credit report. The state also alleges IBS would prepare aos approved for town developments By THOM SOLOMON Staff Writer Two development projects, a retail complex and a hotel, have been planned for Chapel Hill in the area along N.C. 54 between University Inn and the Glenwood Square shopping center. Redesigned plans for University Village, which will include a bank and a retail and office space, received unanimous approval from the Chapel Hill Planning Board last week. Plans for a 98-room hotel to be located behind Glenwood Square were also submitted to the planning board last week, Chapel Hill planner Kendal Brown said. Original plans for the University Village complex included eight movie theaters. But a planning staff report expressed concern with internal traffic control and insufficient park ing space for the complex. Roger Perry, a senior partner at East-West Partners, the developers of the project, said the new plans do not include the eight theaters, which mali fflorlb Helping Student Plan Their SIPMIMG BMMAK For 15 Years! 171 E. Franklin St. 929-8534 688-2285 solves the problems that caused opposition from planning board members and area residents. "It seemed very obvious we were going to run into great opposition with the existing neighborhood with the theaters and we were going to lose, probably with good reason," Perry said. "The site was not large enough." The total project will occupy nearly 32,000 square feet, as opposed to the original plans, which would have occupied 57,000 square feet, Perry said. According to a memo from Chapel Hill planning director Roger Waldon, the new plans include a 28,716-square-foot building for retail and office use and a 3,600-square-foot building to be used for a bank. 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A public hearing is scheduled for the first week in February, followed by a Chapel Hill Town Council meeting during the first week in March, when developers hope to receive approval for the project, Perry said. No bids have been accepted for the project yet, he said. Michael Thomas, president of Thomas Associates in Greenville, S.C., the architects for the hotel project, said the cost for the hotel will be nearly $3.5 million. No drafts have been drawn for the hotel, but Thomas said the hotel will, be very complementary to Glenwood Square. Stewart Construction of Charlotte has been hired as contractor for the project, Thomas said. Brown said the project is now on hold, pending the outcome of a February development review staff meeting. letters disputing information in . a consumer's credit file although the consumer knew the information was accurate. Also named in the state consumer protection lawsuit were Bob Jones and Mark Flowers, the principal operators of the Jacksonville and New Bern locations of IBS. Thornburg was granted a prelimi nary injunction against IBS to pre vent the company from continuing to solicit business under the premise that it could repair a consumer's credit record, said Philip Lehman, associate attorney general for consumer pro tection. IBS also cannot receive payment for any existing contracts and must provide an accounting of its assets and money collected in recent months, he said in a telephone interview Tuesday. Lehman said Thornburg's objec tive in filing the suit was to "stop their deceptive representation that IBS could repair credit and could remove accurate information in consumers' credit file." Depending on the seriousness of the violations, civil penalties could also result, Lehman said. The federal Fair Credit Reporting Act gives consumers the right to review their own files and to challenge any information that may be inac curate or obsolete. But because IBS advertised it could change this infor mation, its promises were misleading. The next step will be restitution to the customers, Lehman said. Because it does not appear that IBS has many assets, collection for damages may be difficult, he said. Lehman said Jones had not made a court appearance, so a default judgment could be handed down against him. But Flowers had been cooperative in negotiations with the attorney general's office, he said. Credit fraud is a relatively hew practice in the state, Lehman said. The attorney general's office has received few complaints until this year, and the IBS case is the first of its kind filed recently in North Carolina, he said. ; Most are small-time businesses people running the credit service from their own homes with only classified ads in local newspapers to solicit customers, but IBS advertised on' a much larger scale. Better Business Bureau officials found the IBS advertisement hvft publication last October and sentJh to the attorney general, said Josepli Bowling, a spokesman for the bureau. The ad offered credit services to people who had been turned down at other places, or for a fee, the said IBS would direct them to places that would give them credit, he said; The success of IBS can be credite'd to the fact that no Better Business Bureau existed in its principal areas of operation, Bowling said. "It serves to point out that you need to ask questions when you enter into'a contract with a firm for something too good to be true," he said -'"':t! Similar operations have been in existence throughout the country for the past five or six years, Bowling said, but North Carolina is just beginning to see them. Anyone with suspicions about credit services should contact the local Better Business Bureau. Officials at IBS could not be reached for comment. It brings out the best in all of u& United Carolina Students Credit Union Rates SHARE CERTIFICATE RATES 30-89 Days &500simple 90-179 Days 7.2507.519 180-269 Days 7.8408.155 270-364 Days 7.8458.160 365 Days 8.170968.512 Compounding is daily. Rales subject to change daily. Longer terms are negotiable, as are amounts of $10,000 or more. LOAN RATES Share Secured 10.00 Co-Signer 13.00 Travel 16.00 Rates subject to change daily. CSCU is not affiliated with UNC-CH. 1 1 vA Latin America Vk Italy RNFOE8MATBONAIL MEETDNGS RfJILl !' England, Scotland V Israel VA Australia ! Lyon, France Japan London School of Economics 1 v Copenhagen, v Denmark Montpellief, France (Summer) Kj Germany 01V3? (01 Jan. 24, Tues., 3:30 St. Union, Rm. 208 Jan. 24, Tues., 3:30 316 Hamilton Hall Jan. 24, Tues., 4:00 Rm. 12, Caldwell Hal! Jan. 25, Wed., 2:00 Rm. 12, Caldwell Hall Jan. 25, Wed., 3:00 Rm. 12, Caldwell Hall Jan. 25, Wed.,4:00 Rm. 12, Caldwell Hall Jan. 26, Thurs., 5:00 407 Dey Hall Jan. 30, Mon., 3:00 Rm.12, Caldwell Hall Jan. 30, Mon., 4:30 Rm. 12, Caldwell Hall Jan. 31, Tues., 3:30 301 Dey Hall Jan. 31, Tues., 5:00 Rm. 12, Caldwell Hall 0 I 1 K1 I 1 ft 13 VA THE AMERICAN HEART ASSOCIATION MEMORIAL PROGRAM WERE FIGHTING FOR AmCriCCHl HOGTl (Iff) mourufe Association Tj r South Square Mall 0)n(0) n&ire winter m2siiin) NAVY OFFICER You are Tomorrow. 4 Mon.-Sat. 10-9 489-1 91 7 ft You are the Navy. junuay I -o r