Auto warranty scams are making our phones unusable. filo/Getty Images
We've all been there. You get a call, one that you are 99.9% sure is a scam, most likely an extended auto warranty offer that promises to cover the costs of car repairs. Then again, this could be important, who knows? So you give this one call a chance.
Hello, this is Planet Money, calling from a vehicle serv—
Fooled again. Calls about auto warranties or similar guarantees are a constant pain for phone users. But what are these warranties? And why are they not only still around, but seemingly bigger than ever? Today on the show, we dive into the history of this industry and these calls. How they started, got big, and why they persist to this day.
Thanks to Matthew Hathaway for his reporting on US Fidelis for the Saint Louis Post-Dispatch, to Don O'Brien at the St Louis Better Business Bureau and to Margot Saunders at the National Consumer Law Center.
Music: "Stand Up," "Fairytale Kingdom," "Deathblast," and "Yoo Hoo."
Find us: Twitter / Facebook / Instagram / TikTok
Subscribe to our show on Apple Podcasts, Pocket Casts and NPR One.
Do you want a steady stream of economic news that doesn't feel like spam? Subscribe to the Newsletter.
"about" - Google News
April 10, 2021 at 05:37AM
https://ift.tt/3mxPm3z
About Your Extended Warranty : Planet Money - NPR
"about" - Google News
https://ift.tt/2MjBJUT
Bagikan Berita Ini
0 Response to "About Your Extended Warranty : Planet Money - NPR"
Post a Comment