Guarantees and Warranties—Is There a Difference and Does it Matter?

100% Satisfaction Guarantee. You’ve read the phrase before, probably on a food product or maybe the packaging of a consumer electronics item. How does this “satisfaction guarantee” relate to the term “limited warranty” that consumers find familiar? While the terms “guarantee” and “warranty” may have become synonymous in the minds of some consumers, the two…

Extended Warranties for Less

Choosing whether or not to buy an extended warranty on your new appliance or electronic device can sometimes be a tough choice. It is nice to have the safety blanket that an extended warranty seems to offer, but the cost is often a deterrent. But what if you could get an extended warranty without paying…

The Conundrum of Whether to Buy Extended Warranties

Think back to the last time you bought something that came with a warranty. Maybe you bought a TV or computer, or perhaps it was a blender or refrigerator. Do you remember any extended warranty offer that came along with that purchase? Did you find yourself teetering on the fence of choice, not sure if…