Watch Out For
Expirations and Price Increases!
December 31st is a common “anniversary
date” for business services.
For example, many programs and services
expire at the end of a calendar year. So,
it’s a good idea to check and see if any
expiration dates will impact you.
Many company contracts for services or
subscriptions automatically renew if you
don’t do anything. So if you’ve signed-up
for something you no longer want, be sure
to notify the company in writing to let them
know you wish to cancel. Note that there is
often a notice period before which you will
need to have notified the company. Check
your contract details.
Businesses also use the end of the year
to increase prices. Check your mail and
email for notifications such as, “As of
December 31, 2013, our standard fee
will increase by...”. Some companies,
including banks, will send these notices
out weeks in advance. If in doubt, contact
the company directly.
You should always know, in advance,
the cost and terms of the products and
services you use regularly