• How long has the company been operating pageants?
  • Are there judges and what are their qualifications?
  • Are refunds possible if a contestant decides to withdraw from the pageant?
  • What are the obligations of the winning contestant?

The BBB says that parents should not be shy about asking pageant organizers for references or even contacting former winners and participants to get their opinions on the event.

Does it look too good to be true?

The BBB reiterates that any prize that sounds too good to be true probably is. As such, parents should ask questions when they see advertisements like, “Win Big Prizes! Scholarships! Cash! Become the Next Supermodel!"

Concerned parents can check out the BBB’s website for a few more questions to ask a pageant organizer before signing up for an event.

—For the best rates on loans, bank accounts and credit cards, enter your ZIP code at BankingMyWay.com.

If you liked this article you might like

When a Credit Union Is Your Best Card Option

3 Signs a Rewards Card Will Really Reward You

10 Simple Ways to Avoid College Debt

10 Tips to Skirting Sky-High Airfare

10 Items to Stop Paying For Once You Have Retired