When Cash Isn?t King
Posted on June 29, 2010
Filed Under Home Improvement |
We all know the expression, ?Cash is king?. Here?s an exception to the rule. If you?re hiring a contractor to help you with a home improvement project and they?re only interested in accepting a cash payment, you need to look for someone else to handle the job.
Many of the contractors who operate on the fringes or outside of the law have a tendency to deal in cash. In fact, the Federal Trade Commission argues that an insistence on cash payment is a warning sign that you may be dealing with a scammer.
Besides, you?re better off paying with a check or via credit card. That way, you have a paper trail evidencing the money you spent on the job just in case any problems–or lawsuits–happen to arise.
Cash isn?t always king.
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