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BBB says look ahead before leaping into a reverse mortgage

June 22, 2013 in Alexandria Echo Press

With the cost of living on the rise, some senior citizens are finding themselves on shaky financial ground. This trend has led to companies offering reverse mortgages where lenders loan people money based on the equity built up in their homes as a way for seniors to “cash in” on their homes to pay other bills. Continue Reading

BBB offers tips on carpet cleaning

March 17, 2013 in Alexandria Echo Press

When contacting a carpet cleaning company, it’s always important to ask questions about the price of the service and specifically what is included in the price for that service. Continue Reading

Don’t let an ‘authorization hold’ on credit card hold you hostage

March 16, 2013 in Alexandria Echo Press

Credit is a convenience; it allows you to charge a meal on your credit card, pay for an appliance with an installment plan, or take out a loan to buy a house. However, when dining out at a fancy restaurant or spending the night away in a hotel, the Better Business Bureau of Minnesota and North Dakota (BBB) says it’s important to take notice of what the banking industry calls an “authorization hold.” Continue Reading

Insurance scams flourishing, says Better Business Bureau

October 5, 2012 in DL-Online

In the midst of a tight economy and the wake of the new national healthcare reform bill, state and federal regulators are warning about a surge in healthcare-related scams. Continue Reading

Protect yourself from credit card skimming

July 29, 2012 in Alexandria Echo Press

Even if you’re choosy about which ATMs and gas stations you frequent, you can still become a victim of identity thieves that place seamless devices on machines to steal or “skim” – sensitive financial information. Continue Reading

BBB warning regarding Verizon scam

April 30, 2012 in Worthington Daily Globe

Scammers replicate email bill alerts
WORTHINGTON Verizon customers are receiving fake emails almost identical to the real alerts many customers get to remind them of monthly payments, according to the Better Business Bureau. Continue Reading

Better Business Bureau cautions consumers on ‘Penny Auctions’

July 31, 2011 in Alexandria Echo Press

Online “Penny Auctions” are quickly gaining popularity, and though they claim to offer consumers the opportunity to win quality merchandise at low prices, the Better Business Bureaus of Minnesota and North Dakota and Central Florida (BBB) are reminding people that purchasing bids only provides consumers the right to bid on an item; they do not guarantee any product in return. The BBB has also noted an uptick in consumer complaints regarding penny auction websites recently. Continue Reading

Don’t fall victim to high-pressure magazine sellers this summer, warns BBB

June 25, 2011 in Alexandria Echo Press

The Better Business Bureau of Minnesota and North Dakota (BBB) receives thousands of complaints each year from consumers who have unknowingly purchased multi-year magazine subscriptions. Continue Reading

Scam alert issued about Green Dot MoneyPaks

June 16, 2011 in Alexandria Echo Press

The Minnesota Department of Public Safety’s (DPS) Alcohol and Gambling Enforcement Division (AGED) and the Better Business Bureau (BBB) are warning consumers of an emerging fraud method in which scammers siphon cash from victims using Green Dot MoneyPaks. Continue Reading

Securing your child’s identity: Advice every parent should know

June 12, 2011 in Alexandria Echo Press

Online scammers are finding inactive Social Security numbers online most of which are assigned to children under the age of 18 who have not started using them yet and selling them under different names to help people establish fake credit. The scheme may lead to significant debts for children that might be almost impossible to pay off. Continue Reading