Educational Consumer Tips

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15 Article(s) Found.
Discouraged by high interest rages and hard-to-find risk or investment capital, businesses in need of commercial loans to expand or even stay in existence may use the services of loan brokers who promise to find needed funds for a fee. Loan brokers should not be confused with either mortgage brokers, who arrange real estate loans, or money lenders, which include such entities as banks, savings and loans, and credit unions.
This Sunday is National Senior Citizens Day in the U.S., and Better Business Bureau has some great news: the stereotype of the “little old lady” as scam victim is wrong. BBB research shows that seniors are less likely to be victims of scams because they are more likely to recognize a scam when they see one.
The smooth-talking voice on the other end of the line claims to need some information to “confirm” your existing phone book listing. Fast forward a few weeks and your mailbox is jammed with “invoices” threatening legal action if you don’t pay up. Chances are you’ve been hit by a business directory scam.
BBB is warning consumers of a new computer scam in which callers claim the consumer’s computer is infected with a virus and are told they can help fix it. Some scammers even claim they’re with tech support and there is an issue with your Windows operating system. 
Better Business Bureau offers the following suggestions for consumers concerned that their credit or debit cards may have been compromised by a retail or online data breach.
Mystery shopping is the practice of using shoppers to anonymously evaluate an establishment’s products, customer service, operations, merchandising or product quality. Without disclosing that he/she is anything other than an ordinary shopper, they can evaluate staff that is unaware that they’re being evaluated.
It arrives in the mail marked "urgent" and "confidential" from the government of Nigeria. The letter itself almost seems like it came from a big fortune cookie: YOU WILL RECEIVE GREAT RICHES AND GOOD FORTUNE FROM A FOREIGN LAND. But don't let your good judgment be fooled by promises of easy money.
Businesses are being bilked out of millions of dollars through office supply scams. Despite repeated warnings from BBB, businesses continue to fall for scams requesting them to pay for merchandise they didn't order. Organizations can protect themselves from mistakenly paying for what they don't want - or haven't ordered.
Online penny auctions can offer great deals, but can also pose problems for users. BBB warns consumers to do their research before making any bids. Users of online penny auctions typically set up an account and purchase bids with a debit or credit card. Each bid may cost less than a dollar and are often sold in bundles of 100 or more. Every item in the auction has a countdown clock and as people place bids, the cost of the item goes up and more time is added to the clock. 
Going to college is an exciting time for high school graduates and often an expensive one. Scholarships and financial aid are a common aspect of a college student’s life but unfortunately there are many scams that may trick students and their parents. Use the following tips to spot scholarship and financial aid scams.
Better Business Bureau receives many consumer inquiring about sweepstakes promotions. Others ask if anyone really wins those big prizes. This report provides basic information about sweepstakes promotions.
Telemarketing has become an extremely popular way to contact numerous potential customers quickly and easily in an effort to sell a variety of products and services. Home improvements, security systems, insurance policies, light bulbs and newspaper and magazine subscriptions are examples of products sold by the telephone.
Advertisements which offer good pay, travel with all expenses paid and free training, but which do not explain the job in question are often solicitations directed toward young people. The jobs offered are as part of sales crews which sell products such as cleaning fluid or magazine subscriptions door-to-door. The advertisements do not usually give the name of the company or the nature of the work, but hint at exciting travel.
Working from home is becoming more popular in today’s business world. Working at home provides convenience and no commute. It is important to take precaution before accepting an offer that sounds too good to be true. Avoid wasting your time and money by checking out these tips before committing to a work from home job.  
Looking for a work at home job? Here are some helpful tips to avoid a scam:
Do thorough research
Avoid "Get Rich Quick" offers
Never pay for any supplies or jobs