New from the Money Scoop

Returning Holiday Gifts

Don’t remove electronics or similar products from their boxes. Many merchants charge as much as a 15 percent restocking or "open box" fee for returns of electronics products or large-ticket items.

Don’t wait too long to return the item. Many stores now have a limited time frame from the date of purchase in which you can make a return.

Be organized with your returns. That means putting items from the same store together.

Many stores will not allow returns after 30 days. Don't wait that long!

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