Ontario is providing families with some simple tips to help them become smarter consumers, shop wisely and protect their hard-earned money in the New Year.
Choose carefully. Consumers should only deal with businesses they trust. For major purchases, always shop around for the best price. For home-improvement projects, get at least three estimates from three reputable companies.
Slam the door on pressure tactics. When a salesperson comes calling, don’t feel pressured to rush and sign a contract to take advantage of a so-called deal. Take the time to fully understand what’s being offered.
Read the fine print. If the purchase involves a contract, always read it carefully to be sure it includes important information such as the total cost, terms of payment, and start and finish dates.
Keep a lid on deposits. Consumers should not pay more than a 10-per cent deposit on any goods or services once a contract has been signed.
