Kiplinger

Did You Know There's a Cure for Buyer's Remorse?

Most of us know someone who just can't say no who has gotten themselves into either some kind of an uncomfortable social situation -- saying yes to an invitation that their spouse would never agree to, or, worse yet, caving into high pressure and buying something they didn't need or want from a door-to-door salesperson.

Years ago there were thousands of stories about people being paid visits by door-to-door salesmen, winding up buying all kinds of unneeded home appliances, magazine subscriptions, encyclopedias and dictionaries, later trying to get out of the contracts and failing. That eventually led to the Federal Trade Commission's Three-Day Cooling-Off Rule, which went into effect nationally in 1972.

While this is one of the oldest examples of federal consumer protections with a version thereof in each state, even today I am amazed at the

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