It is no secret that many shady businesses prey on those in need to make profits. However, people should be aware of these rip-off schemes and stay vigilant. Here are ten unethical businesses an online community warns us to steer clear of.
Rent-to-Own or Rent-to-Lose?
Rent-to-own places are notorious for taking advantage of people. Need a new TV or appliance but can't afford to buy it outright? These stores will rent it to you, with the option to buy it later at a way too high price. Imagine paying $4800 for a $900 TV over four years! According to one member, they should be illegal. Just save your money and buy it outright when you can afford it.
Plasma Centers: Sacrifice Blood and Get Paid Peanuts!
One person shares that they find it odd how plasma centers are often located in the poorest sections of the town. The idea of paying desperate people little cash to go through the lengthy and sometimes painful plasma donation process sounds dystopian.
Financial Advisors: Flashiness and Financial Insecurity
Imagine someone half your age with barely any work experience giving you financial “advice.” Numerous users find this flashy display of wealth misleading since financial advice that works is never as glittery as these advisors will make you believe. Furthermore, it's impossible to trust anyone working for a commission.
Car Title Loans: Making A Deal with the Devil
If you need quick cash, using your car as collateral might seem like a good idea, but these loans often come with high-interest rates and could result in the loss of your vehicle. As many point out, it's not worth the risk.
Sports Betting Companies: Lose Your Money With One Simple Trick
If you're counting on luck to make money, you're standing on shaky ground! An Australian member mentions the sports betting companies as a shady business. It is no surprise that folks have gone bankrupt in the process.
The Lottery: A Fool's Paradise with Your Money as the Entry Fee!
I have lost count of how many users mention the lottery as a national scam. Strictly in terms of monetary benefits, the lottery is a sham that has gone on for too long, making people spend way more money than they should.
Multi-Level Marketing (MLM): Money Loss Guaranteed!
Are you tired of being overworked and underpaid? Do you want to be your own boss and make loads of cash? Sounds too good to be true? Well, that's because it is! These MLM companies lure you in with promises of riches, but in reality, you'll lose money.
Debt Consolidation Companies: A Quick Fix That'll Leave You Broke
Debt consolidation companies charge high fees and offer little help in actually getting out of debt. Instead, they're only looking to make a quick profit.
Weight Loss Supplements: Saying No to Veggies
Ads will have you believe that losing weight is easy. Just pop these magic pills, and voila! However, many members state these pricey supplements are ineffective and potentially harmful. I hate to break it to you, but there's no escape from eating the greens on your plate.
Psychic Services: Paying for a Guessing Game
Psychics will promise you the world, but many believe they're just scamming you out of your hard-earned cash. You're better off seeking advice from a trusted friend or professional. After all, predicting your romantic prospects may not be so difficult after all.
This thread inspired this post.