16 CFR Part 429, Rule Concerning Cooling-Off Period For Sales Made At Homes Or At Certain Other Locations, FTC File No. P087109 #563691-00014 

Submission Number:
563691-00014 
Commenter:
Bruce Gadansky
Organization:
BBB of Louisville, KY
State:
Kentucky
Initiative Name:
16 CFR Part 429, Rule Concerning Cooling-Off Period For Sales Made At Homes Or At Certain Other Locations, FTC File No. P087109

Ladies and Gentlemen, It is my hope you will reconsider the proposed change in the exclusionary limit and either leave it at $25 or raise it to no more than $50 dollars. Door to door magazine sales are a leading scam venue particularly targeting the elderly to whom the amount of $130 would be a considerable amount. Actually, $130 is a considerable amount for many people who would be high pressured into buying magazines they neither wanted or could afford. I find it very doubtful that magazine prices have increased over 500% due to inflation and therefore require a wider margin of disclosure. Actually, I find it ludicrous when so many magazines are offering subscriptions below $20. Exactly who are we protecting: the companies who huckster and harrass or the victims of such tactics? I have great faith in the FTC as an agency that above all seeks fair and just dealings. I have through years developed excellent working relationships with many members of your agency. They are top notch, caring, professional individuals. The change being proposed here does not serve them well. With all due respect to the learned members of the FTC neither is the proposed change is not in the best interest of consumers or your agency. Thank you for your consideration Bruce Gadansky Vice President/Operations BBB of Louisville, Western Kentucky, and Southern Indiana