Laura Seitz, Deseret News
In preparation for Memorial Day, the Better Business Bureau has released advice avoiding scams that target military personnel.
The nonprofit agency divided its advice into two categories: specific scams to watch for and tips to avoid potentially dangerous business transactions.
The specific scams the bureau recommends that military personnel be aware of are high-priced military loans, benefit buyout plans for veterans, fake rental properties, fake jury duty scams, misleading car sales and expensive life insurance policies.
According to the bureau, these scams are driven by false advertisements for military personnel discounts, which often come with hidden fees and extremely high interest rates, and veiled attempts to acquire personal information.
In order to avoid these scams, the Better Business Bureau recommends that all military personnel educate themselves as much as possible about each business or charity before paying anything or providing any personal information.
The bureau also cautions those targeted by military discount scams to not enter personal information on unfamiliar websites.
- Top 10 money mistakes new parents make
- How 'Shark Tank' investor Daymond John...
- The marriage between economic success and...
- How saving for retirement requires change in...
- Balancing act: Stress, burnout, mistakes top...
- Digital Savant: How to be a ghost (online)
- The family is America's No. 1 priority when...
- Dave Ramsey says: Investing in a more...
- 3 reasons Utah is a great place for... 4
- Charity, it does a body good 3
- How one woman got rid of $20,000 in... 2
- Stocks mostly lower as oil sinks,... 2
- Smartphone data encryption causing... 2
- 5 questions to ask on the way to the ER 2
- This billionaire is going to die broke... 2
- The marriage between economic success... 2