Better Business Bureau is warning college students to be on the lookout for scammers on Craigslist and other online classifieds when searching for an on or off-campus apartment to rent. Phony ads for rental properties are always popping up, and are specifically aimed at stealing money from unsuspecting students.
While classified ads on the internet have made finding campus apartments and rentals more convenient, scammers have found a way to take advantage by targeting unsuspecting, college renters.
Students typically fall victim to this scam after responding to an online classified for a rental property. Scammers know that finding a great apartment either on or off-campus can be difficult, especially when there’s a time crunch. Be wary of any rental property that offers a great place for a cheap price, as it could lead to a scam. Make sure to do a comparison of similar properties in the area to know if it’s legitimate.
BBB recommends students ask their friends if they know of any apartments opening up in the area first. It’s also important for students to do their research before signing a lease or handing over a deposit. Online classifieds are a great way to find a rental, but students should visit the apartment in person and carefully review any paperwork provided.
BBB advises college students searching for rentals to look out for these red flags:
For more information you can trust, visit bbb.org
For more than 100 years, Better Business Bureau has been helping consumers find businesses and brands they can trust. In 2013, consumers turned to BBB 131 million times for Business Reviews on more than 6.5 million businesses, all available for free at bbb.org. The Council of Better Business Bureaus is the umbrella organization for 113 local, independent BBBs across the United States, Mexico and Canada, as well as home to its national programs on dispute resolution and industry self-regulation.