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Printable buyer checklist

Financial Product Fee and Risk Checklist

Use this before paying for a financial product, tool, course, comparison service, credit/debt product, insurance offer, or investing-related product.

Smart Buy Checklist decision visual

Before Payment

  1. Category: education, software, comparison, loan, debt, credit, insurance, investing, crypto, or advice.
  2. Seller identity: business name, support contact, legal entity, address, and terms page.
  3. Fees: one-time fees, recurring fees, APR, success fees, renewal, cancellation.
  4. Claims: reject guaranteed approval, guaranteed returns, erased debt, or guaranteed credit improvement.
  5. Data requested: SSN, ID, banking data, credit report access, income, debt, or sensitive documents.

Risk and Compliance

  1. Licensing: if personalized advice is implied, verify credentials and jurisdiction.
  2. Refund: window, process, restrictions, and who handles support.
  3. Impact: possible credit impact, debt consequences, tax/legal issues, or privacy risk.
  4. Alternatives: compare free nonprofit, government, bank, or regulated sources.
  5. Decision rule: do not pay if fees, outcomes, seller identity, or data use are unclear.

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This checklist supports the financial-products watchlist. We add affiliate links only after a product passes compliance and economics review.

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Educational buyer checklist only. Not financial, legal, tax, investment, credit, debt, insurance, or banking advice.