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02/03/2012

BBB Advice for Avoiding Automobile Repair Scams

When your vehicle needs repairs you should know how to find a reliable mechanic. Better Business Bureau recommends following a few key pointers to ensure that your automobile gets fixed without a glitch.

01/05/2012

Consumer Fraud Task Force Warns About Pitfalls Of Payday Loans

The Consumer Fraud Task Force is warning consumers about the cost and long-term effects of payday loans.

09/01/2011

Do Your Research before Driving into an Auto Repair Scam

While most auto repairmen are honest and forthcoming, consumers need to be on the lookout for those that are trying to make a quick buck. Better Business Bureau is advising consumers to do their research before turning their car over to an auto repair service.

08/02/2011

How to Stretch Your Gas Dollars this Summer

With the average U.S. family now paying nearly $1,000 more annually for gas than they were two years ago, BBB warns consumers to be wary of gas-saving claims that empty your wallet.

07/30/2010

Beware of Deceptive Auto Loan Modification Offers

Better Business Bureau recommends that consumers try to work out a deal with the lender directly before paying out hundreds in upfront fees to a loan modification company.

08/07/2009

Don’t Get Scammed When Participating in the Federal Cash for Clunkers Program

In late June President Obama signed into law the Car Allowance Rebate System (CARS) or Cash for Clunkers program. CARS provides a rebate for consumers who trade in qualifying gas guzzlers for more energy efficient cars. Unfortunately, even before the program began, scammers were attempting to ply their trade and Better Business Bureau offers the following guidance for car shoppers on how to participate in the program and avoid getting scammed.

06/30/2009

BBB Advises Used Car Shoppers: Do Your Research or You Could Be Buying a Stolen car

As more families look to stretch their dollar, buying a used car, instead of new, is increasingly popular. Unfortunately, some law enforcement are reporting that VIN cloning—which targets used car buyers—is on the rise and Better Business Bureau advises car buyers to do their research or they could unknowingly purchase a stolen car.

06/03/2009

BBB Advice on What to do if Your Local Car Dealer Closes

Both General Motors and Chrysler have announced that they are effectively closing nearly a total of 2,000 dealerships across the country. What does this mean for you?

02/12/2009

BBB Warns Deceptive Auto-Warranty Solicitations Plague Consumers Nationwide

Better Business Bureau is warning consumers to be extremely wary of telemarketing calls and mailers which claim their auto warranty had or is about to expire. BBB advises that the deceptive solicitations could persuade car owners to purchase an extended auto service contract of questionable value.

06/30/2008

BBB Warns Drivers to Be Wary of Gas-Saving Gadgets and Additives

Gasoline prices have risen 33 percent this year, and with the average cost of gas now at more than $4 a gallon, Americans are struggling to stay on the road without breaking their bank accounts. Some businesses though are seeing an opportunity to make money by selling fuel boosting additives or offering engine modifications to help drivers conserve fuel. However, Better Business Bureau is advising consumers to stay away from gas saving products, parts and modifications that sound too-good-to-be-true and is offering advice on more reliable ways to conserve fuel.

06/18/2008

Flooded Car? Your Auto Insurance May Cover More Than You Think

Insured drivers whose cars have been flooded may be covered for more than they think. Better Business Bureau and the Insurance Information Institute recommend that all car owners read their car insurance policy closely or they will miss out on reimbursements or other benefits they are entitled to when disaster strikes.

10/16/2007

BBBTips™ on the ABCs of Short-Term Loans

You're tempted to apply for a "quick and easy" loan. Don't act in haste! Opting for speed may prove to be a costly mistake, warns the Better Business Bureau.

10/16/2007

Victims Pay the Price for Uninsured Drivers: Even though it’s against the law, about 1 in 7 at-fault drivers are uninsured

Even though it is against the law in most states to have no auto insurance,it happens more often than most people realize. The Insurance Research Council (www.ircweb.org) reports about one in seven at-fault drivers in a collision with another vehicle will be uninsured.

03/01/2007

FTC - Understanding Vehicle Financing

With prices averaging more than $28,000 for a new vehicle and $15,000 for a used vehicle, most consumers need financing or leasing to acquire a vehicle. In some cases, buyers use “direct lending:” they obtain a loan directly from a finance company, bank or credit union. In direct lending, a buyer agrees to pay the amount financed, plus an agreed-upon finance charge, over a period of time. Once a buyer and a vehicle dealership enter into a contract to purchase a vehicle, the buyer uses the loan proceeds from the direct lender to pay the dealership for the vehicle. Consumers also may arrange for a vehicle loan over the Internet.

02/01/2007

FTC - Home Equity Credit Lines

Using a credit line to borrow against the equity in your home has become a popular source of consumer credit. And lenders are offering these home equity credit lines in a variety of ways.