Abbreviating 2020 Warning
When signing important documents, always be sure to write out the year “2020” and avoid abbreviating to “20.” Scammers can easily alter the date by adding numbers after “20” which can be problematic for legal or timely documents. Writing out the full year can save you from potential fraud, like in the below examples:
Example 1: If you’re a freelancer and you abbreviate 2020 in a freelance contract, scammers can add digits that can lead to a much delayed payment date for you. Avoid the financial headaches and use 2020.
Example 2: If you’re a consumer and you abbreviate 2020 when signing a timely protection plan for a sofa, scammers can shorten the time length of your agreement and you lose your money’s worth. Avoid the financial headaches and use 2020.
Example 3: If you’re a homeowner and you abbreviate 2020 in a home improvement contract, scammers can add digits to delay the project start date. Avoid the financial headaches and use 2020.