Released: May 27, 2007

Don’t let movers take you for a ride

Source: Michelle Singletary, Washington Post (Free Registration)

Few things in life match the stress and expense of a big move—just ask anyone who has recently changed addresses.

“Moving is a major decision that can really impact your financial status,” said Paul Golden, spokesman for the Colorado-based National Endowment for Financial Education, which recently issued a list of tips to help make your move a smoother ride.

It’s timely advice, given a recent report issued by the Government Accountability Office on the regulation of interstate moving companies by the Federal Motor Carrier Safety Administration. Each year, about 40 million Americans pick up and move, and many are likely to do so between now and Labor Day. While the majority of the moves happen without incident, the GAO reported that about 3,000 consumer complaints were filed against interstate movers last year.

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