Consumer Protection Information

It’s important for consumers to share information and essentially empower each other so they can make better purchasing decisions.

consumer protectionJust look around you. Whether it’s used car salesmen, real estate professionals, bankers, stock brokers, or whoever else, they all have one thing in mind. Parting you from your money. Sometimes, they do it by providing you with something of value. Other times, they do it by ripping you off.

The defense we have against this, as consumers is information. We need to share information in one form or another, but among the best ways is utilizing the Internet.

We’ll go into greater detail about this in future posts, but for now, you should bookmark these two websites to make sure you do not become a victim:

  1. Ripoffreport
    This website allows anyone who has been ripped off to post a report detailing their experience. I always check this site before making a big purchase to make sure I’m not being lead on. The one downside is that this site is not exactly objective, and pissed-off consumers sometimes exaggerate things. But overall, it’s an invaluable resource.
  2. BBB (Better Business Bureau)
    You probably already know about the Better Business Bureau. They’ve been around for a long time and are generally quite reliable. This is a site I use to check out local businesses I plan to hire.