Contractor Fraud: How to Spot It and Avoid It

Contractor Fraud: How to Spot It and Avoid It
Are you planning to hire a contractor for home improvement work? Be aware of the signs of contractor fraud so you can protect yourself from being scammed.
Here are some common red flags to watch out for:

- The contractor asks for a large upfront payment.

- The contractor pressures you to sign a contract without reading it

- The contractor does not have a license or insurance.

- The contractor does not provide references.

- The contractor's work is shoddy or incomplete.

If you see any of these red flags, be wary of the contractor and do not hire them. You can also report suspected contractor fraud to your local authorities.
Here are some tips to help you avoid contractor fraud:

- Get multiple estimates from different contractors.

- Check the contractor's license and insurance.

- Get everything in writing, including the scope of work, the price, and the payment terms.

- Do not pay the entire amount upfront.

- Inspect the work as it is being done.

- Do not sign anything you do not understand.

By following these tips, you can help protect yourself from contractor fraud.
If you think you have been the victim of contractor fraud, you can report it to your local authorities. You can also file a complaint with the Better Business Bureau or the National Association of Consumer Advocates.

Remember, you are not alone. Contractor fraud is a common problem, but it can be prevented. By being aware of the red flags and taking steps to protect yourself, you can help ensure that you have a positive experience with your home improvement project.

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Source: NICB

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