Shady auto warranties running out of gas

The World

Advertisements for extended auto warranties are everywhere on television and in mailboxes, but some customers have been complaining that when the repair bills come due, the warranty guarantors are nowhere to be found. Consumer watchdogs are looking sharply at some of the warranty companies, and reporter Scott Graf, from WFAE in Charlotte, NC, says it looks like the boom times for bogus insurance may be ending.

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