To check whether or not a company is legitimate, a person should check in with the Better Business Bureau, look for warning signs and read all of the fine print on return policies and other regulatory customer policies. Legitimate companies are happy to provide information on their policies and to answer customer concerns.Continue Reading
The Better Business Bureau, also known as BBB, has profiles on businesses and companies. Look up businesses before purchasing their products and look at their rating. There are also often reviews of each business from consumers who have shared their positive or negative experiences.
Look for warning signs
If a company cannot provide you with their physical address or phone number, then that is a warning sign. Another warning sign or red flag would be a company that uses scare tactics in an attempt to get customers to purchase their products or services. A company promising that it can easily give or lend money to a person is also a red flag, as many money companies are not legitimate and are designed to scam consumers. If a deal is too good to be true, then it often is.
Read the fine print
Before ordering from a company, always read the fine print on the company's return and refund policy. Some companies place restrictions and demands within their return and refund policy that are unusual and can pose problems for unknowing customers.
Check a company through the Better Business Bureau, the U.S. Chamber of Commerce, state registries or scam reporting services, which are available through the Federal Trade Commission, the Ripoff Report and the Federal Bureau of Investigation, to determine whether it is a legitimate business. Carefully scan the company's website for plain and accessible contact information, because the lack of an easy method of contact is often a sign of a fraudulent enterprise.Full Answer >
Reviews for Freedom Debt Relief are generally positive, with the company being rated well by Consumer Affairs, The Better Business Bureau and Best Debt Companys. Freedom Debt Relief has an A+ BBB rating, according to Best Debt Companys.Full Answer >
If a person receives a damaged product from eBay, they should first check the seller's return policy on the listing for information on their return policy. After checking the seller's return policy, the buyer should then proceed to request a return.Full Answer >
Factors such as the company's expenses and its desired return on investment are taken into account when Bank of America sets its prime rate. The bank also considers broader macroeconomic conditions when setting its prime rate.Full Answer >