Wednesday, April 19, 2006

Rebate Rage

Rebates_smallI, like most of you have had my share of rebate problems.   I know in my head that I sent in the correct items for the rebate and got a letter back saying something was missing.

From ConsumerAffairs.com

Welcome to the dicey world of rebates. With mail-in rebates offered on everything from yogurt to power saws, many consumers, understandably, consider them an incentive for choosing one product over another -- sort of a time-delayed discount. But along with the mushrooming of rebate offers comes another feature: frustrated buyers chasing hard-earned discounts that have increasingly come to seem more like long-shot Lotto tickets.

It's estimated that 60% of rebates are never honored -- 40% of consumers don't apply and another 20% apply but aren't paid, according to Consumers Union Senior Attorney Gail Hillebrand.

The Federal Trade Commission, which monitors unfair trade practices, reports that rebate complaints rose from 1100 in 2003 to 1900 in 2004. The FTC has gone after such well-known brands as Bumble Bee Seafoods, America Online and Office Depot. Clearly, "rebate rage" is on the rise.

Read more.

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