As New Yorkers prepare to extend their holiday shopping to Cyber Monday, Attorney General Eric Schneiderman has some words of advice.
At the top of Schneiderman's list is the low-margin profit margin scam.
"Beware of deceptive business," the attorney general said in a statement. "The sale price" may have been marked before it was marked, nullifying the impact of the sale.Often, the "sold" price may, in fact, be significantly higher than the price of that same item later in the season. "
Consumers should also be alert for shipping costs and / or other additional costs such as badembly fees that are not reflected in the "sale price".
Schneiderman says that consumers should always compare the warranty terms.  "Not all guarantees are the same," he said. "Be sure to read the terms of any guarantee to know what protections you receive and the duration of those protections."
Although many consumers like booking plans, Schneiderman warns that you must make sure you know the terms of those promotions.  "The law requires merchants to provide a detailed description of the merchandise to be purchased in disbursement plans, the total cost of the items, including all charges, the duration of the plan, the payment schedule required, the consequences of lost payments, the reimbursement policy and the location (if it is not the place of purchase) where the merchandise is stored, "said the attorney general.
Consumers should always make sure they understand the merchant's return and refund policies. New York State law requires all merchants to post their reimbursement policies.
A store that does not do so must give the consumer 30 days to obtain a refund in the same manner in which the purchase was made. And Schneiderman warns buyers to be especially alert to the notices of "final sale" or "cash only: final sale", as they leave it with little or no recourse if the merchandise turns out to be defective.
Gift cards can present another challenge. Be sure to read the terms and conditions of the gift cards before buying them.
It is illegal to deduct any non-use fee within 25 months after the purchase or have an expiration date of less than five years from the date of issue. You should always use your gift card as soon as possible.
When buying Cyber Monday online, be sure to use only a secure Internet connection. Do not make any transaction that involves personal, financial or credit card information while using an open and unsecured Wi-Fi connection.
When entering online payment information, you must verify that HTTPS is in your address bar to protect yourself from identity thieves and cybercriminals. URLs that start with https: // instead of the standard http: // are protected by SSL, an Internet security protocol.
Do not be fooled by confusingly similar websites and domain names. Pay special attention to the URL of your retailer when you shop online.
Beware of websites with URLs that differ slightly from those of legitimate online retailers, and links that look genuine but direct your browser to a completely different URL. To ensure secure online purchases, enter the URL of your desired retailer directly in your web browser and be aware of typographical errors.
If you are going to make purchases online, you can better protect yourself from the risks of identity theft and fraud by using credit or debit cards. Determine what is best for you and your purchase needs.
Credit cards generally offer better purchase protection and fraud dispute resolution than other payment methods.
Debit cards are tied directly to your checking account, so they are best used to help avoid credit pitfalls. There is little risk of getting into debt with debit cards, but beware of overdraft fees.
And do not forget, if your debit card is lost or stolen, you must inform it within two business days to limit your loss to $ 50.