Beware of fake specials, price anchoring and decoys – here’s how

Shoppers are often desperate to “get the best deal” on everything they buy. And retailers count on it — especially after the season ends, when they need to move inventory that didn’t sell during the season itself.

So they engage in a variety of pricing tricks, such as fake “specials,” “price anchoring,” and “price decoys.”
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The most ridiculous consumer stories of 2015

Outrageous fees. Deceptive business practices. Angry customers.

You can’t make this stuff up.

And 2015 delivered a bumper crop of ridiculousness — or, as Bill Maher might say, ridiculousity.
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How stupid do they think you are?

It’s true.

I’ve called people who mindlessly collect miles lemmings. I’ve compared them to drug addicts and referred to their devotion to the loyalty lifestyle as cult-like.
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It’s time to end hotel resort fees once and for all

It’s time for the Federal Trade Commission (FTC) to take decisive action against hotels that insist on advertising partial lodging rates.
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Dollar’s sleight-of-hand jacks up rental bill by $414

If you’ve seen Diane Rayfield’s car rental story once, you’ve probably seen it a hundred times.

It involves an unexpected change in the rental agreement, an alleged sleight-of-hand at the rental counter and a surprise charge on the final bill.
Read more “Dollar’s sleight-of-hand jacks up rental bill by $414”