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(#16) Finding A Nursing Home
From Redditor /u/conurecrazy:
When finding a home for your elderly parents, set up an appointment but come in a few minutes early and say (don't ask) you will walk around for a quick look. The receptionist likely wont refuse you, and the sales person won't be ready for you. These places like to show you only the stuff they want you to see when being led around by a salesperson.
Chat with a resident or a staff member, they'll be the most honest with you.
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(#6) Companies Track Deed Registrations To Trick New Owners
From Redditor /u/fathqua:
When I was in the process of moving into my current home, I transferred the title of my old home and land to my sister because she was buying it and moving in when I left. Within the next few weeks she started getting all the 'welcome to the neighborhood' coupons and flyers. She didn't even change her address, so I assume companies track title changes with the register of deeds.
The sketchiest was a pest control company claiming to have an existing account on the property and recommending she continue to use their services. They detailed dates and changes; referenced termites. It was all lies. All the dates shown were while I owned the property and I never even heard of this company before she received that letter.
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(#1) Beware Of 'Buy Here, Pay Here'
From Redditor /u/mostlymoister:
Buying a car from a 'buy here, pay here' dealership. You put $500 or $1,000 down they say you are approved and you drive the car home. Two days later, the dealership calls and says that they couldn't get you financed at that down payment and interest rate so we need an additional $2500 down and your interest rate doubles.
If you don't have the extra money they take the car and your original down payment.
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(#3) Not Sending Your Credit Card Statement
From Redditor /u/quietman85:
I worked in the collections department of Discover Card for a while. One thing they did (maybe still do), to lure customers to them is offer 0% APR for the first year. People would jump on this and transfer all their debt onto their new Discover Card, and then the company would 'conveniently' not send the first month's bill. In the fine print of the agreement, it states that if you miss even one payment in that first year, your APR will jump to 29.95%.
Half of my calls were to these new customers who would then proceed to throw a fit, because they didn't ever get the bill, and I had to explain to them that it was their job to know when the bill was due, and sending one was just a courtesy extended by the company. I hated hated hated that job. It ate away at my soul.
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(#4) 'Accidentally' Adding Something To Your Order
From Redditor /u/Kingtycoon:
An older fellow I know had a bodega and he'd put a can of cream corn on the counter by the register. This was some time ago, so the can had a price tag of $.17. He sold that can of cream corn to everyone who bought anything there. If they realized they were paying too much he'd just say he thought that was their can of corn.
Most people didn't notice though, and he sold that same can of cream corn maybe twenty times a day.
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(#15) Three-Tiered Pricing Approach
From Redditor /u/hobbes_shot_first:
The three-tiered pricing approach, especially for things like roofing or basement waterproofing.
The contractor starts with a ridiculously high priced quote for way more stuff than you asked for, steps down to a more moderate quote of what you wanted with a few bells and whistles, then the third quote is for what you requested.
This gives you the illusion of choice and reduces sticker shock because although your requested 'absolute minimum' service is really expensive, it's only half the cost of their recommended repairs!
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About This Tool
The reality is that the public’s trust in more companies is continuing to decline. This is the result of decades of uninterrupted political and financial turmoil. As far as contemporary public opinion is concerned, there seems to be no absolute fairness in the business world. What the public is more seeking is greater transparency of enterprises, so as to ensure that the products and services they sell are safer and more effective.
Regrettably, some tricks that sound like conspiracy theories are real, and it is true that some unreasonable or even improper business practices are businesses that do not want consumers to blame. The random tool tells you 17 dirty tricks practiced by businesses that you never noticed before.
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