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CBS News

Slim down your budget by doing a subscription cleanse

Ira Rheingold, executive director of the National Association of Consumer Advocates, said that as companies become more sophisticated in their marketing around subscriptions, many are using what’s called a ‘negative option,’ where the consumer will be charged a recurring fee unless they specifically opt out. As a result, many consumers might not realize they are signing up for a subscription at all. If you use a credit card, he says, you can also enlist the support of your card issuer by disputing a charge if you didn’t agree to it.”