Contract killing woes

01 February 2016 - 02:17 By Wendy Knowler

If you sign a two-year cellphone or gym contract, your financial obligation automatically ends on the "expiry date", right?Well no, but many consumers assume that, and understandably so. But it's an assumption that can be very costly.Yes, the small print on the contract states that the contract ends only when the consumer submits written notification - usually 30 days in advance - of cancellation but those clauses are easy to miss and easy to forget.

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