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Home Based Business Scams - Tips on Avoiding Them

by: Kevin Erickson

Maybe the reason you're interested in setting up a home business is because you've seen an ad that perked your interest or you were approached by a friend or colleague about a great home business money-making opportunity and those entrepreneurial juices started to flow. Your imagination starts to flow and dreams of quitting your job fill your every thought.

Hello, hey, ok... time to stop dreaming. I hate to burst your bubble or stop your fantasy ride but before you give your boss a piece of your mind there's a few things you need to consider.

First, you need to realize that probably 99% of all home business / work from home offers out there are flat out scams. After all, if it was that easy to pay a few dollars and make thousands, wouldn't everyone be doing it by now and why tell you about it?

Below I've listed and briefly discussed how to recognize and avoid a few of the biggest scams out there.

Location� Location� Location
Check out every offer and assume it's a scam until you have iron-clad proof that it's not. A few things to consider are: Where did you see that work from home offer? If you got it by traditional mail or by email or saw it on a poster taped around a telephone pole, then I can guarantee you right now that it's not a legitimate offer. On the other hand, if you saw the ad in a newspaper, in a jobs magazine or on a jobs website, then it's a little more likely to be legit - but not necessarily.

Envelope Stuffing
Will this scam ever end? Well, not until people stop falling for it. This is the most established work-from-home scam of all time and it's been going on for what seems like forever now. How it works is that once you pay your money and sign up to work from home, you are sent a set of envelopes and ads just like the one you responded to. The whole idea is to simply get names of people who are interested in home business ops and get a quick buck. You could make a little money if you mail to the right mailing list but don't count it. Work from home offers like this are simply illegal pyramid schemes. You will not make money putting letters into envelopes - so get over it and move on!

Shoddy Supplies
The practice of charging for supplies is hard to pin down to any one scam - it's a common most work-at-home scams work (including the envelope stuffing scam mentioned above). You'll be asked to make a minimal "investment" for whatever materials will be needed to do the work and then you'll receive a collection of very shoddy materials that are worth a fraction of what you paid for them and last but not least you'll soon realize that there was never a market for work anyway.

Don't walk - run� if anyone asks for money upfront. Any company worth it's salt would be willing to deduct any "fees" from your first paycheck. Any company not willing to do that, is in all likely-hood simply out to scam you into giving them some upfront money and then as the saying goes� "leaving dodge" as quickly as possible.

Working for Free
This variation on the scam is common with crafts. You might be asked to work from home making clothes, ornaments or toys. Everything appears to be legitimate - you received materials without paying any money and you're doing the work. Unfortunately for you, when you send the work back, the company will tell you that it didn't meet their "quality standards" and will refuse to pay you. They will then sell what you've provided and move on to the next sucker.

Never do craft type work from home unless you're selling the items yourself. Remember, you don't need to restrict your sales to consumers only� you could also be selling to wholesalers. The bottom line is this, you need to be the one deciding what you make and then collect the money yourself.

Medical Billing, Typing From Home and More
Many work-from-home scams involve persuading you that some industry has more work to do than it can handle and so it has to outsource to people like you, working from home. For example, you might be told that you'll be typing legal documents or entering medical bills into an electronic database. These scams have one thing in common - they all say that all you need is a computer and they go on to explain that all you need to do to make big bucks is to buy some "special software".

The software is package so it appears to be from a completely unrelated company, but don't be fooled - the whole purpose behind this so-called opportunity is to simply sell you the over-priced and worthless software. And of course, once you open and load the software on your computer you will never get your money back because that's how all software guarantees work. Once you break the seal you own it.

Starting your own home based business is a dream that millions of people have and it's a legitimate and worthy endeavor. Unfortunately, the crooks out there know this and they play on these desires and so you need to be very cautious. And remember, starting a home business that involves "working" for another company isn't the best idea even if they offer a completely legitimate opportunity. The reason is because even if they do pay you for your work, you still won't earn anywhere near the income could if you were to start a home-based business where you created your own product or service. So why even bother with these outside companies at all?

About the author:
Kevin Erickson is a contributing writer for: Home Business and Bad Credit Mortgage and Forex Trading Systems. This article may be reproduced only in its entirety.

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How Credit Repair Works
by: John Mussi

With personal debt at an all-time high, a number of individuals have found that they have overextended themselves and have become immersed in debt. As their debt grows, they can't help but get more and more behind� and their credit score pays the price. If you are one of the many who have had problems with your credit in the past (or still have problems with it), you may be considering credit repair as a way to get back on track.

Before you sign up for a credit repair plan, you should make sure that you understand exactly what is involved in repairing your credit score� while there are a lot of credit repair agencies that are legitimate, there are also some that seek to prey on those who need help and perform services that are both immoral and illegal.

What Credit Repair Is

Obviously, the goal of credit repair is to improve your credit score and get you back on track financially after past credit problems. A variety of credit repair services exist, providing everything from credit counselling and debt negotiation to debt consolidation loans and budgeting advice.

When used properly, credit repair services can not only help you to get caught up with your bills and on the path to a better credit score but they can help you to avoid bankruptcy and set you up to avoid credit problems in the future.

Credit repair takes time, however, and should never be viewed as a �quick fix� for your credit.

If an offer claims that they can instantly grant you new credit, then it's likely not only bogus but can also get you into legal trouble if you accept it.

Common Types of Credit Repair

As mentioned above, credit repair can take several different forms. Credit counselling services provide assistance with the budgeting and repayment of your debts, and offer advice on simple ways to improve your credit without additional loans. They also often provide debt negotiation, which is the working out of a settlement with your creditors so that you only have to repay a portion of your original debt within a certain timeframe.

Debt consolidation loans are also used for the purposes of credit repair, allowing you to take out a loan in order to pay off outstanding debts and leaving you with a single monthly loan payment instead of several different payments.

Budgeting assistance services are also available to help you get control of your spending and personal finances.

Avoiding Credit Repair Scams

Unfortunately, there will always be unsavory individuals who seek to make money off of those who are in need of assistance.

Any credit repair service that promises instant results or that offers to simply create a new credit report for you should be avoided� what they're really creating is a business tax identification number, and any individual who uses one is in danger of being charged with fraud and possibly other charges.

Credit repair takes time; if an offer sounds too good to be true, then it likely is.

Repairing Your Own Credit

Of course, by paying off old debts and establishing and maintaining new lines of credit you can begin the process of credit repair yourself.

Request a copy of your credit report and check it for errors, and then focus on clearing the debts that appear as negative reports.

It may take years for all of the negative reports to expire, but by preventing new ones while increasing your positive reports your credit score will slowly rise on its own.

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