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Yeah how closely do you check your credit card Sydney time.
Many Americans -- signed up for subscription services they never seem to notice.
And it's worth fourteen billion dollars a year nationwide -- here to help -- -- buoyed those personal finance expert.
And host a financially fit on Yahoo! finance.
Farnoosh Torabi furniture -- do you finance expert I should say these great charges what are grade charges they're on 110.
Charges that appear on your credit card or debit card.
Usually as a result of overlooking the fine print it's not fraudulent but it's a little deceptive -- called unethical because these marketers.
Know that we're busy we don't read fine print and they take advantage of -- let's talk about some of those is pop up -- our statements the first is.
Free to -- you think you're getting a free service yeah ends up becoming.
Pay for absolutely and and -- -- the most common great charge about seven billion dollars worth of mistakes here in this area.
An example of this is Amazon prime which is an upgraded -- service subscribers get to get updated -- being an access to bugs and and movies.
It's a thirty day free trial but then it becomes a 79 dollar annual membership alike -- forget to turn it off if they're not happy ever remembers -- turn off those they're reading trials anyway it -- -- the -- -- -- sure does meanwhile unknown subscription right what does that mean it's so.
This happened to me this is when you sign up for a product one time product you think you're paying a one time fee.
But many don't realize is actually a subscription so.
On the parent when your in flight you're signing on for Wi-Fi so go go in flight was one of my mistakes I -- pay ten dollars and -- -- just gonna give the Internet for the today.
I was getting billed every single line I did call the -- and go go in flight and they did we reimburse case that's going to be had no one had to catch it even imagine later -- here's what is -- me.
You buyout facial cream on wrong -- an antenna -- -- hole.
Sort of the same thing you get an extra free yeah.
-- -- like a monthly subscription right here like how you know it's an also Flores sent me an action cream are not sure Champaign -- What what you don't know that in the fine print unless you contact emergency I don't want this anymore they're gonna continue sending freebies and charge your card.
But those are -- and he's now hit -- -- cost creep what do you mean by that this is like your gym membership your car insurance where you have an annual.
Feed but -- it's creeping up every year and you don't now in increments are small and so consumers aren't catching these it's one dollar two dollars every month every year.
But you're just here not just one consumer for the emerging here one and maybe potentially hundreds of thousands so they're making a lot of -- -- But you have to check your card to make sure you're not getting charge what you don't want to get charged the ever vigilant because it adds up to fourteen billion -- I -- -- charges a year furnished Robby thanks so much and welcome Britain's Ian.
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