CEFCU

Simple steps can avoid costly moving scams

by Center for Personal Finance editors



NORTH PALM BEACH, Fla. (7/9/08)--Moving company scams are on the rise, with more than $1.2 million in federal fines issued by the Federal Motor Carrier Safety Association (FMCSA) in 2007. Knowing how to protect yourself before a big move could save you thousands of dollars and a lot of added stress (Bankrate.com June 27).

Common scams involve movers demanding more money before they'll deliver your possessions to your new home--after you've already paid more than the estimate they gave you.

Many variations on the moving scam theme exist, but you can take a few simple steps to help protect yourself before, during, and after a move.

On the big day, make sure you're around when the movers arrive so you can answer questions and give directions. If something goes wrong, file a complaint at protectyourmove.gov or call 888-DOT-SAFT (888-368-7328) Monday through Friday between 9 a.m. and 9 p.m. EST.

For more information, listen to "No Hassles Moving Company Guide" in Home & Family Resource Center.

NCUA Equal Housing Opportunity
Printed Friday, January 9, 2009

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