Common Black Friday Scams To Avoid

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Murphy gets you prepared for Black Friday scams to avoid.

Skip to 5:00 minutes in to hear him explain in the show podcast below.


The following information comes from Money Magazine

Doorbusters are few and far between

Doorbusters are the blockbusters of Black Friday. They’re deeply discounted products that are available for only a limited window of time — usually on Thanksgiving Day or Black Friday. The products look good, and the prices certainly sound good, but the reality of actually getting your hands on one of these items isn’t so rosy.

Discounts are often inflated

Deals can be difficult to grab, but they can also be misleading. Last year, a NerdWallet study found that some stores inflated the amount of certain Black Friday discounts to make deals appear better than they actually were.

If you shop this year on Black Friday, don’t pay attention to the supposed percentage of the discounts. Instead, judge the value of a product based on the sale price and how it compares with the item’s price at other stores.

Price matching may be exempt

Price matching is a common practice that allows customers to show retailers proof of a lower price elsewhere on an identical product and ask the store to match that competitor’s price.

When price matching between retailers is largely off the table, it’s up to the shopper to compare prices and research which store has the best offer. That may mean comparing offers online.

Fine print is everywhere

Finally, even if you manage to avoid all of the above tricks and traps, you could still be faced with more fine print. Retailers have a way of making some sales difficult to actually claim.

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