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