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MONEY COMMENT
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The Office of Fair Trading has called for changes to the law following an investigation into doorstep selling techniques. Although current legislation gives consumers a 7 day cooling-off period to cancel a contract, it only applies to those who are cold-called. The protection doesn't apply to consumers who asked for the visit and psychological research commissioned for the study has revealed that these consumers are just as vulnerable to high pressure selling tactics as those receiving unsolicited visits. Doorstep selling is a £2.4 billion industry and at least 15,000 complaints a year are made to trading standards departments. Most respondents to the OFT's consumer survey said they felt buying in the home was more pressurised than other settings. I can well believe it. If you've ever been faced with a doorstep seller you'll know that some of them are very good indeed at selling and it's not surprising that the OFT has highlighted certain tactics that consumers ought to watch out for. Do any of the following sound familiar...? Not surprisingly the OFT wants the government to extend the cooling-off period so it covers solicited visits as well as cold-calls. In the meantime, you now know what to watch out for when the double-glazing salesman calls!