Sometimes, it’s an ad that claims you will qualify to receive a “free grant” to pay for education costs, home repairs, home business expenses, or unpaid bills. Other times, it’s a phone call supposedly from a “government” agency or some other organization with an official sounding name. In either case, the claim is the same: your application for a grant is guaranteed to be accepted, and you’ll never have to pay the money back.
But the Federal Trade Commission (FTC), the nation’s consumer protection agency, says that “money for nothing” grant offers usually are scams, whether you see them in your local paper or a national magazine
Here are some Guidelines to Follow from the Federal Trade Commission:
Don’t give out your bank account to anyone you don’t know.
Don’t pay money for a “free grant”.
Lookalikes aren’t the real thing
phone numbers can deceive
Register yourself with the Do Not Call Registry
File A Complaint with the FTC
Remember call us at 428-8130 and we can help determine if something is a scam or stop in and visit us on the fourth floor of the Central Library, 115 South Ave.