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Click to Cancel

October 18, 2024
The Federal Trade Commission has announced a new "Click-to-Cancel" rule that makes it easier for consumers to cancel recurring subscriptions and memberships.
Show transcript
00:00
The FTC is finalized and you click to cancel rule that's about
00:03
to disrupt hella business.
00:05
Like they have like gym memberships and stuff.
00:07
The new rule will require retailers,
00:10
gyms and other businesses to make canceling subscriptions as easy as enrolling
00:16
in them and to make the subscription process more transparent.
00:19
That's what I'm saying,
00:20
bro. I feel like these gyms gonna be punching the air
00:22
like they're like, no,
00:24
our evil plan. Like wow,
00:26
brother, nobody told him to have like an 83 step process
00:29
to cancel memberships. Like come on now and they did it
00:33
to themselves. Exactly.
00:34
Like I bet you like,
00:36
you know, like canceling your gym membership is worse than like
00:39
trying to get a home loan.
00:40
Like you like, you know what?
00:42
Just keep my money.
00:42
Like I don't even want to go through all this paperwork and
00:44
call like this. It's fine.
00:45
I'll pay my $30 and let it go to waste.
00:48
Exactly. Some places make it really hard to cancel.
00:52
Like I don't know if that's ever happened to you where you're
00:54
on hold for so long.
00:56
You're like, I'm just trying to cancel.
00:58
Like, what the heck I guess so,
01:02
you know, a lot of cars have the satellite radio,
01:04
I'm gonna say the brand but you know,
01:06
you call like, look.
01:09
So the car is like,
01:09
hey, so you got a trial?
01:10
Cool. This is kind of awesome,
01:11
you know, crystal clear audio and then when it's over you
01:16
have a call to cancel and you call and you finally get
01:19
somebody and like, hey,
01:19
so no, but like we'll,
01:21
we'll knock it down at half price.
01:22
No, I'm good.
01:23
How about like 80% off?
01:24
No, I'm good.
01:25
How about 90% off?
01:26
No, I'm good.
01:26
It's like, well,
01:28
that's all I can do.
01:28
I'm like, yeah,
01:29
just freaking cancel it.
01:30
Are you serious? Get it this I yeah,
01:37
I am serious. That is what happens and I'm like,
01:41
that's, and ever since then I always tell my homies just
01:43
do the trial. They can give you a card.
01:45
But no, yeah,
01:47
I don't know those free trials.
01:48
Just get you brother.
01:50
You know what free trials that require a credit card.
01:52
That's not free, bro.
01:53
They charge you one cent to verify.
01:56
Like, I don't know.
01:57
Yeah, but what I wonder is ok,
02:00
you have to put the click to cancel button somewhere.
02:02
But where are they going to put it?
02:03
You know? That's true.
02:06
That is true. They might make it a little difficult,
02:08
a little, they're going,
02:10
you know how they be sneaky,
02:12
sneaky, sneaky.