11 Ways Seniors Can Recognize and Avoid Scams

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4) Be an Informed Consumer

Home repairs and contractor fraud are common situations in which elder people get taken advantage. Be extremely wary of fliers, advertisements, telemarketers – even in-store salespeople – offering cheap home repair. There are several ways you can stay ahead of the game and ensure you don’t get swindled. The first way is to shop around. Don’t settle for the first deal you’re offered. See what the competitors are offering for the same work. Ask for references and check them. Don’t let someone pressure you into signing a contract with them right away. Take your time to understand all the details about the total cost, refund, and cancellation policy. It’s also important to make sure all your agreed requirements are put into writing. And never pay cash up front. Bring a trusted friend with you for support if you feel uncomfortable in these situations.

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