A Rebate That Sparkles
If you bought a diamond between 1994 and early 2006 (come on guys, you can remember the year you got engaged, can't you?) you may be able to get back a portion of what you paid in the form of a rebate. As reported by the Chicago Tribune, it's the result of a class-action lawsuit filed against the De Beers diamond company for price fixing and monopoly practices. While the company has not acknowledged any wrongdoing, it agreed to settle the suit by paying $295 million. In order to cash in, you'll need a receipt or some other proof of purchase. Rebates will be based on how many people file claims and the price paid, totaling as much as 59 percent of the retail price. You have until May 19th to file a claim .
Matt's View
Whether you qualify for the diamond rebate or end up getting money from the government's proposed income tax rebate, plan ahead for how you'll use the money. All too often, money gained quickly is spent just as quickly.
This article filed in: Spending
Managing Money by The Book
- "To keep me from becoming conceited because of these surpassingly great revelations, there was given me a thorn in my flesh, a messenger of Satan, to torment me. Three times I pleaded with the Lord to take it away from me. But he said to me, 'My grace is sufficient for you, for my power is made perfect in weakness.'" - 2 Corinthians 12:7-9
Recommended Resources
- Debt-Proof The Holidays
- As we cling to the last bits of summer, the holidays may seem a long way off. But they're not. And if we are to navigate the holidays without going into debt, now's the time to develop a plan. Mary...…Read the rest
View All »