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(Continued from page 2)
And, with very few exceptions (e.g., if deception or fraud took place), contracts cannot easily be broken.
• Before you enter a contractual agreement, try to anticipate everything that might possibly go wrong. For example:
• • After you've leased an apartment you decide you can't afford the rent or don't like the neighborhood.
• • Your roommate moves out, leaving you responsible for the rest of the lease.
• • You finance a car you can't afford, but when you try to sell, it's worth less than your outstanding loan balance.
• • You buy a car and only later notice that the sales agreement includes an extended warranty or other features you didn't verbally authorize.
• • You sign a payday loan without fully understanding the terms and end up owing many times the original loan amount.
• • You buy something on sale and don't notice the store's "No returns on sale items" policy.
• • You click "I agree" to a website's privacy policy and later realize you've given permission to share your personal information.
• • You buy a two-year cellphone plan, but after the grace period ends, discover that you have spotty reception and it will costs hundreds of dollars to buy your way (Continued on page 4)
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