Here are a few frequently asked questions that have been answered by the Coupon Information Cooperation at centsoff.com
A coupon is a certificate with a stated value if it is used when purchasing a specific product. The consumer presents the coupon to the retailer selling the product at the time of purchase. The retailer will reduce the cost of the product by the specified amount on the coupon.
Coupons are issued by manufacturers to give consumers immediate discounts on the purchase of the specified items, which may be virtually any product found in retail stores.
Most coupons are distributed to consumers in Sunday newspapers in the form of glossy inserts.
It’s easy to use coupons. Simply cut them out of the newspaper or other source, such as a coupon printed on a box and present them to the cashier when you purchase the product specified on the coupon.
You will get an immediate savings in the amount of the value printed on the coupon. The manufacturer of the product absorbs this cost.
No, there is no legitimate way to sell your unwanted coupons.
The sale or transfer of coupons is a violation of virtually all manufacturers’ coupon redemption policies. These policies are generally printed on the coupons or is available from the manufacturer upon request. The sale or transfer voids the coupon.
Persons purchasing coupons have often been associated with organized criminal activities. They often purchase the coupons as one aspect of a scheme to defraud the coupon issuers/manufacturers, usually by seeking to redeem coupons without purchasing any products. Individuals selling coupons to such crime rings have been charged with and convicted of criminal violations.
No, there are good reasons not to purchase coupons. In addition to being in violation of the manufacturers’ policies, it simply does not make sense to pay for something that is given away for free.
Coupons being sold on the Internet or by other means may be stolen property or counterfeit. Individuals attempting to use these coupons may be subject to prosecution.
The CIC was founded to encourage integrity in connection with the redemption of manufacturers’ coupons and participation in other promotional programs.
The Coupon Information Center encourages and supports federal, state, and local law enforcement efforts to identify, investigate, and prosecute coupon misredemption.
To contact the Coupon Information Cooperation please call (703) 684-5307
Here is a link to some of this years most popular fraudulent coupons:
$1.50 off Colgate (Aetna printable)