Friday, May 28, 2010

Web tip of the week -- Beware of Automatic Renewal

Welcome to Planner's Pointers --

This is the web tip for the week. Beware of the automatic renewal.

This came in very sharp focus for me recently when I got my credit card bill. There it was charged for an automatic renewal of a news service I no longer used. OMG! What to do?

I called my credit card company who stepped me through cancelling the service. While I didn't get all my money back, I was able to get most of it.

Lesson learned: When completing the on-line form for the first purchase make sure you read the fine print and de-select the box that says that the service will be automatically renewed and charged to your bank account or your credit card.

That is the web tip of the week.