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.
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.
It’s been a law in Germany for three years now:
German Online Cancel Button Law
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.
Wtf
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.