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Showing posts with the label Annual Fees

Corporate Greed Gone Wild

Here is a scenario (and I bet you all can relate): Have you ever signed up for, say, cable service? They offer one of those contracts to lock you into service for at least a year and offer you a discount. Most of the time the "discount" is really a reasonable cost for service. I don't know anyone who pays the full amount anyway. Next thing you know, the contract ends and out of nowhere your cable bill goes up. Not only does it go up, but also they've ADDED extra services you never requested such as Cinemax. Now your cable bill is suddenly twice the amount. Sometimes it's such a small amount you don't question it. You keep paying it in good faith. Then it goes up again. They've added more service you never requested. Now you have to take time out of your day to straighten out their mess. Here is another scenario called Auto Renew. Many services will take your credit information and put in the fine print that the subscription will automatically renew eac...