One person called into The Dave Ramsey Show recently to talk about how he fell into the latter category after being scammed by a solar energy company. Dave Ramsey had some really good advice for the man and anyone else planning to sign a contract anytime soon.
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View this post on InstagramAccording to the man, a salesperson showed up at his house, promising the caller that he wouldn't have an electric bill if he signed up for solar, because the company would pay his electricity bills going forward. All the man would need to do is make a monthly payment for the solar panels and installation, which he says he confirmed by viewing the contract on the salesperson's iPad.
Ramsey quickly began asking questions about the interaction, including whether the man received a signed copy of the agreement after completing the online paperwork. "He said they don't give out paper copies," he responded.
Dave Ramsey Had a Warning for Everyone Who Signs Contracts
This scam is actually quite common, and the Federal Trade Commission (FCC) even has a section on its website dedicated to solar fraud, highlighting how Ygrene Energy Fund was found guilty of duping homeowners into taking out loans to finance clean energy systems. However, homeowners quickly learned they were trapped in unfavorable contracts that made it hard to sell their homes down the line, prompting the company to offer $3 million in monetary relief to customers it had worked with.
Next, he told his caller to reach out to the FCC by visiting their website. "There are a couple of those deals that they have shut the solar companies down, or they've gone out of business, and they are releasing people from the liability of the finance contract."
The comments on Ramsey's posts are usually a mixed bag. However, it seemed like more people had experience with the iPad switch-a-roo and were a little more sympathetic to what the caller was going through.
Only time will tell as to whether this caller is able to get out of this contract, but for those who may be considering solar panels (or any other type of contracts), it's worth taking Ramsey's advice to avoid getting scammed by door-to-door salespeople who are offering you an opportunity that sounds too good to be true.
Sources:
Dave Ramsey - InstagramFederal Trade Commission (FCC)Hence then, the article about a salesperson knocked on his door and made him a promise dave ramsey says it s a scam you need to know about was published today ( ) and is available on Parade ( Saudi Arabia ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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