Thursday, March 13, 2014

The Devil is in the Fine Print

Big deals on gadgets are enough to widen anyone's eyes. Ironically, it can also make them blind to the truth. Many people are willing to click on the signup button while giving away their personal details and credit card information.

Weeks later, these very same people will find out in frustration that their bank accounts of have been charged a sizeable amount of cash. What they didn't know was that upon agreeing to the Terms and Conditions of a penny auction site, they've also given them the right to take out money from their credit card.

Reading the Terms and Conditions of any product can be a daunting exercise, but it is a necessary one. Who knows, there might be a line tucked into that wall of text authorizing you to sell yourself into slavery. Yes, this is merely a hyperbole, it doesn't erase the fact that there are endless ways to scam you without letting you know outright.

This guy just signed away his children for a new Ford Mustang.

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