CFA Supports Bill to Protect Consumers in Negative Option, Continuity and Auto-Renewal Transactions

Consumer Federation of America sent a letter to Senator Brian Schatz endorsing the Unsubscribe Act of 2020, which would protect consumers from abuse by requiring that in any negative option, continuity, or automatically renewing transactions they are provided with clear, complete information about the terms and costs and their express consent is obtained before they are charged. It would also ensure that consumers can stop the transactions more easily and that they receive periodic reminders of the terms and cancellation mechanisms.