Culhane Meadows’ Atlanta partner, Brad Elbein, was recently quoted in an article by The Washington Post about the fine print that consumers need to be wary of.
Here are a few excerpts from the article:
Advertisements, service contracts, warranties — all are riddled with enough disclaimers and legal footnotes to make your eyes blur. That is, if you can even read the fine print without a magnifying glass.
But there is important information buried in that fine print on containers, labels and web posts, much of it in coded language without specific details. Consumers must figure out what all of those terms really mean, or they could end up facing fees or conditions that they didn’t anticipate.
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How can consumers protect themselves? Atlanta attorney Brad Elbein, a former regional director of the Federal Trade Commission, reads the fine print on every contract, but most of us have neither the time nor patience for that. And even if we do read everything, there’s no guarantee we’ll understand all the ins and outs.
At minimum, experts say, skim the fine print. Keep an eye out for asterisks (*) or superscript numbers or letters. “That’s there to modify the statement being made and send you to information to illuminate or obscure the information given,” says Elbein, a specialist in consumer protection law. If you see that asterisk but no additional information, walk away. Also be on the lookout for these words and phrases, which could be a sign of a “gotcha” buried in the offer.
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Read the entire article HERE to learn more.
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The foregoing content is for informational purposes only and should not be relied upon as legal advice. Federal, state, and local laws can change rapidly and, therefore, this content may become obsolete or outdated. Please consult with an attorney of your choice to ensure you obtain the most current and accurate counsel about your particular situation.
