When applying for credit, exhibit caution when:

  • A sales representative tries to pressure you or talk you into extra products, services, or features.
  • You receive incomplete or conflicting information, such as being told something different than what you’ve read.
  • You receive or are asked to sign any document that has blank spaces.
  • A salesperson seems unwilling to answer your questions or tends to talk around them without addressing your concerns.
  • An advertisement or salesperson promises a quick fix to a problem, particularly when you have to pay a lot of money up front before receiving any help. If it sounds too good to be true, it probably is.

Source: AFSA Education Foundation

Consumer Credit Red Flags

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