Hiatus Survey: 62% of Consumers Waste Money on Unwanted Subscriptions Because They Don–t Cancel Automatic Renewals
WASHINGTON, DC — (Marketwired) — 03/21/16 — Subscriptions and memberships are usually offered at low upfront costs but can quickly turn into spigots of wasted money. According to a new survey of over 100 consumers by Hiatus, a fintech startup that recently launched a personal subscription manager, almost 62% have paid for unwanted subscriptions or memberships because they failed to cancel an auto-renewal feature. Even more disconcerting, over half of the survey respondents didn–t know how m