The FTC's 'Click to Cancel' Rule Delay Could Make It Harder to Ditch Unwanted Subscriptions

The Federal Trade Commission extended the deadline for its "click to cancel" rule a second time to give servicers more time to come into compliance. If you've ever had trouble trying to cancel a subscription, the FTC's Negative Option Rule is intended to make it just as easy to cancel a subscription as it is to sign up for one. The rule went into effect in January, but the FTC pushed back enforcement on some provisions until May 14. Now the FTC is giving businesses until July 14, saying in a statement that the extension was necessary because the "original deferral period insufficiently accounted for the complexity of compliance." This news comes on the heels of CNET's latest survey, that shows Americans are paying more than $1,000 for subscriptions each year, and potentially wasting $200 a year on unwanted apps. Here's how this delay could impact you and how to cancel subscriptions you no longer use in the meantime. What the 'click to cancel' rule means for you With the new rule, ... Read full article.