Category: Better Business Bureau

Monthly column on BBB issues and scams.

Want to Refinance? Don’t Fall for These Scams

Rumors that interest rates may rise soon have some homeowners looking to refinance. Scammers are taking advantage of this interest by fooling homeowners with false promises and upfront fees. How the Scam Works: You receive an email, phone call or flyer offering you a great deal on refinancing your home. The company may promise you a …

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Permanent link to this article: https://www.50plusmarketplacenews.com/6217/latest-news/refinance-dont-fall-scams

FAQs about EMV Credit Cards

The nationwide shift to EMV is well underway. EMV: stands for Europay, MasterCard & Visa, is a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions. In the wake of numerous large-scale data breaches and increasing rates of counterfeit card fraud, U.S. card issuers are migrating to this …

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Permanent link to this article: https://www.50plusmarketplacenews.com/6182/better-business-bureau/faqs-emv-credit-cards

Should You Pay to Have Your ID Monitored?

One question often asked is: Should I subscribe to an identity theft protection service? Good question. If you’re comfortable monitoring your own financial accounts on a regular basis – BBB recommends at least monthly, although weekly or even daily are best – and you get the free annual credit report from the 3 reporting companies, …

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Permanent link to this article: https://www.50plusmarketplacenews.com/6066/better-business-bureau/pay-id-monitored

Summer Contracting Scam Tricks Homeowners

Summer is unfortunately the season for home improvement scams and fly-by-night contractors. BBB has received reports of contractors luring victims with a great deal on driveway paving only to stick them with a stiff bill. How the Scam Works: You answer the door, and it’s a construction contractor. He says that he’s just completed a …

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Permanent link to this article: https://www.50plusmarketplacenews.com/5892/latest-news/summer-contracting-scam-tricks-homeowners

FTC Action: Scammers Banned from Selling Healthcare Products: Medicare Card Scheme Took Money from Seniors’ Bank Accounts

A group of scammers who falsely promised consumers new Medicare cards in order to obtain their bank account numbers and debit their accounts will be banned from selling healthcare-related products and services under settlements with the Federal Trade Commission. The settlements resolve charges the FTC filed last year against Benjamin Todd Workman and Glenn Erikson …

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Permanent link to this article: https://www.50plusmarketplacenews.com/5832/latest-news/ftc-action-scammers-banned-selling-healthcare-products-medicare-card-scheme-money-seniors-bank-accounts

The BBB has Moved!

We have exciting news to share: the BBB moved offices in June from our previous location off Cherokee Street to the Belcaro Building off of Florida Avenue and Colorado Boulevard. We had officially out-grown the previous space and are looking forward to continuing to serve the Denver/Boulder and 12-County communities in our new office space. …

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Permanent link to this article: https://www.50plusmarketplacenews.com/5770/better-business-bureau/bbb-moved

Should You Extend the Warranty?

You’re at the cash register with your credit card ready to pay for a new computer, dishwasher or flat-screen TV (or even a small appliance) when the clerk asks if you’d like to purchase an extended warranty. You have a split second to decide yes or no. What should you do? Both warranties and extended …

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Permanent link to this article: https://www.50plusmarketplacenews.com/5646/better-business-bureau/extend-warranty

New Scam Twist Fools Job Hunters

Looking for a job as a nanny, babysitter or caregiver? Be careful when responding to job postings or emails. A new scam is preying on job seekers. How the Scam Works: You spot a help-wanted ad online or receive an email from a “recruiter.” A couple is moving to the area and looking a nanny …

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Permanent link to this article: https://www.50plusmarketplacenews.com/5604/latest-news/scam-twist-fools-job-hunters

Tips for Finding an Online Florist

by Erin O’Neill With Mother’s Day right around the corner, you are probably considering ordering a flower arrangement offline to send to her. The BBB warns consumers that not all online florists are the same! While some people are extremely happy with their online floral purchases, others find themselves disappointed when the flowers don’t arrive on time, don’t arrive at all or are not …

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Permanent link to this article: https://www.50plusmarketplacenews.com/5535/better-business-bureau/tips-finding-online-florist

Spring Means Time for Home Improvement

According to the BBB, the home improvement industry is consistently in the top five types of businesses that receive the most consumer complaints each year. Complaints to the BBB about home improvement contractors include high-pressure sales tactics, confusion over contract terms, poor workmanship, incomplete job performance, and over-charging. The BBB urges consumers to be wary of less-than-reputable or unqualified contractors who promise …

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Permanent link to this article: https://www.50plusmarketplacenews.com/5386/better-business-bureau/spring-means-time-home-improvement

Preparing for Tax Season

The deadline for filing income tax returns is April 15 and will be here before you know it! Your BBB has some tips for selecting a reputable tax preparer and avoiding those who may be problematic: • Check on qualifications. Ask about their training, experience, knowledge of current tax law, and whether they are members of a professional organization with continuing …

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Permanent link to this article: https://www.50plusmarketplacenews.com/5216/better-business-bureau/preparing-tax-season

IRS Imposters Top BBB’s 10 Scams of 2014

IRS imposter scams top the list of scams encountered in 2014 by consumers, according to Better Business Bureau Serving Northern Colorado and Wyoming. And, according to Shelley Polansky, vice president of communications, these scams are showing no signs of losing steam in 2015. Top Scams in 2014 were: No. 1. – IRS Imposter Scams: You …

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Permanent link to this article: https://www.50plusmarketplacenews.com/5100/better-business-bureau/irs-imposters-top-bbbs-10-scams-2014