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California cracks down on ‘predatory’ early cancellation fees

California cracks down on ‘predatory’ early cancellation fees

California has enacted new legislation that aims to limit companies from charging consumers “exorbitant” fees to cancel fixed-term contracts. Assembly Bill 483 was signed into law by California Gov. Gavin Newsom on Friday, placing transparency requirements and fee limits on early terminations for installment contracts — plans that allow consumers to make recurring payments for […]

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