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Message: Emoticon Listing HTML Help	[quote]My mother was a Mutuality Collector in the 60's - her patch was Eastwood and Newthorpe, and parts of Langley Mill I think. It was a credit scheme - you received vouchers to spend at the Co-op, then paid back over a period - a form of HP, except that you could spend your vouchers on anything, whereas with HP the seller retained ownership of the bought item till you had paid a certain percentage back. And, of course, you still got your Divi!!! I think that's how it worked anyway.[/quote]
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RMMee
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This message was updated on 9/10/2005 8:11:12 AM by RMMee

Langley Mill Coop
replied on: 8/23/2005 6:41:15 AM

My mother was a Mutuality Collector in the 60's - her patch was Eastwood and Newthorpe, and parts of Langley Mill I think. It was a credit scheme - you received vouchers to spend at the Co-op, then paid back over a period - a form of HP, except that you could spend your vouchers on anything, whereas with HP the seller retained ownership of the bought item till you had paid a certain percentage back. And, of course, you still got your Divi!!!

I think that's how it worked anyway.

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