Inquire about return policies before you buy and hold on to your receipts. With many businesses implementing tighter return policies during the holiday season, Wallet Pop tells consumers to be on the look out for five possible hassles:
1.) Restocking fees- These hefty (often up to 20%) fees are becoming more common especially for electronics.
2.) Cash refund vs. Store credit
3.) Return costs for online purchases
4.) Shortened or Exteneded Return Periods
5.) Layaway plans- Know whether there are cancellation fees and find out whether the setup fee is refundable.
Read more: http://www.walletpop.com/top5/return-policies
