Based solely on the number of podcasts ads I hear for services that monitor personal spending, canceling subscriptions is an annoying, complicated process that most of us would rather forget about than stop paying for things we're not using. Obviously, companies that rely on subscription fees don't want you cancelling, with some throwing up roadblocks to stop you.
That may change soon as Lina Khan, chair of the U.S. Federal Trade Commission, announced a new rule meant to strip away the hoops you have to jump through to cancel a subscription. Dubbed Click to Cancel, the rule would require companies to make it as easy to quit a subscription as it was to sign up for one, using the same number of steps. One-click sign up would also be a one-click cancellation under Click to Cancel.
