I was really hoping this would go into effect so I could sign up for a gym membership. I'll never sign up with a gym again...Their cancellation processes are offensive and predatory.
The "click-to-cancel" rule would force gyms to allow you to cancel your gym membership as easily as you signed up for it.
For some reason these businesses are against losing the free money they get for making it hard to cancel subscriptions.
For those who worry about this and other services like this, privacy.com is the solution.
You basically create virtual credit cards with an amount limit. At any point you can cancel the credit card and not worry about all the hoops you need to cancel.
This is great advice for signing up for streaming services, and very, very bad advice for a gym membership.
They absolutely will send your delinquent gym membership account to collections and it will wind up on your credit report. It's part of their business plan.
You'd have to sign up with a false identity, which is technically fraud.
Yeah, this is the way to go these days. My bank offers this feature in app, and I have a separate virtual credit card for each service. All I need to do to cancel a service/subscription is to cancel that credit card. Good luck trying to get more money from me. This is especially useful for those "free trials", sign up with a credit card that deletes itself after 24h, and bye bye.
This is the FTC's rule, but nothing prevents each and every state from implementing a law to do the exact same thing, except slightly differently than every other state, making it extremely costly for the companies to implement.
California has the law and visa is based in california. We can push them to make it so that if any site accepts visa they have to follow california's lawn click to cancel. It'll be a nice change from them trying to ban the anime, and do something useful.
States have argued successfully to tax cross state commerce. That's why you get charged local sales tax even when ordering from a company that does not have a presence in your state. I don't see this as any different, but someone will need to go first to set the precedent.
Well it's good to know that the courts are willing to tell the executive they can't do things. Shame about it only applying when the feds are helping ordinary people