A Consumer Reports analysis of cable bills found that companies add $37.11 per month in fees to the average bill, raising consumers’ actual costs way above the advertised prices. The $37.11 “in fees created by the cable industry” add 24% to the average base price of $156.71 a month, Consumer Reports said. That doesn’t include another $13.28 in government-related taxes and fees, which raise prices even higher. Read full story here: Cable Companies Use Hidden Fees To Raise Prices 24% A Month | Ars Technica
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MasterCard Won’t Let Companies Automatically Bill You After Free Trials | Engadget
We’ve all made the mistake of starting a free trial and forgetting to cancel it before the billing period kicks in. Now, MasterCard will protect against this. The company announced a new policy that will require merchants to get authorization from you before hitting you with recurring charges for subscriptions. It will also require companies to provide you with monthly updates with pricing and clear instructions on how to cancel if you need it. Read full story here: MasterCard Won’t Let Companies Automatically Bill You After Free Trials | Engadget
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