Beneficial Corp.’s income was up a record...
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Beneficial Corp.’s income was up a record 154% to $72.7 million in the second quarter. The Wilmington, Del., company credited the gain to continued strong performance of its core consumer finance activities, including an overall loan delinquency rate as of June 30 of 0.8%, the lowest in the company’s history, and a $24-million after-tax credit related to a refund of 1976 and 1977 federal income taxes.
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