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ABC 36 News at Noon/12:30 BBB - FTC 3-day Cooling Off Rule 6-1

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    Welcome back.
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    Well, we've been talking about door-to-door contractors and you
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    may want to take a closer look at your rights when
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    it comes to some deals or contracts that are made with
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    door-to-door salesmen and here to tell us more,
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    we welcome back Heather Clary from the Better Business Bureau.
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    This is certainly the time of year where this starts to pick up.
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    Right.
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    The weather is warm and we're getting lots of calls
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    from folks who are getting visited by everyone from college-age
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    kids selling magazines to people selling those vacuum cleaners to
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    people selling alarm systems or anything you can think of.
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    And they wonder,
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    you know,
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    do I have the right to cancel that?
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    I thought I had a three-day kind of thing going on and you do
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    in some circumstances.
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    So, we thought we'd touch on the Federal
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    Trade Commission's three-day cooling-off rule today.
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    That's called,
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    and you've heard of that before,
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    and it basically covers sales that are made
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    away from a seller's regular place of business,
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    mainly door-to-door at your home or a temporary place
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    they may have rented like a restaurant or a hotel room,
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    something of that nature.
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    The seller must tell you what your rights are to cancel the sale if
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    you wish to and provide you with two copies of the cancellation form
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    should you change your mind.
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    Now to cancel,
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    the Federal Trade Commission says you do have to have three days by midnight
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    of the third day after the date of the contract you may have signed,
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    got to be postmarked by that day,
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    three business days and Saturday does count as a business day friends.
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    So,
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    keep that in mind.
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    There are some exceptions to this rule,
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    including items that cost less than $25,
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    deals made entirely by mail or phone.
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    Vehicles,
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    it does not cover cars in any way,
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    shape,
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    or form.
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    There are some other items like items needed to meet an emergency,
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    things like that.
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    So, just so that you know what your rights are,
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    because we've had some people have buyer's remorse,
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    but if you wait too long,
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    you're not going to be able to do it.
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    Make sure you're dealing with someone reputable.
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    Check out the company with the Better Business Bureau.
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    See
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    if it's something you really want,
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    and
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    go
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    from there.
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    We've had people call us to check out
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    a seller while they're standing on the doorstep.
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    We're looking it up on the website at BBB.org.
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    So, can't hurt to do that too.
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    Yeah,
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    it really doesn't take long to just go ahead and check it out and
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    look things up and know for yourself that you're dealing with a reputable company,
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    reputable company,
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    so worth your time for sure.
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    Thanks so much.
Title:
ABC 36 News at Noon/12:30 BBB - FTC 3-day Cooling Off Rule 6-1
Description:

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Video Language:
English
Team:
BYU Continuing Education
Project:
BLAW-041(BYUO)
Duration:
02:08

English subtitles

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