California: Online credit card cancelation?
Feb 15, 2019, 9:46 pm
#1
Original Poster
Join Date: Sep 2017
Posts: 28
California: Online credit card cancelation?
Recently, California passed a law that recurring charges signed up for online must be cancelable online (https://www.omm.com/resources/alerts...-law-for-2018/)
Does this apply to credit cards with annual fees? Must all credit card companies now offer CA residents online cancelation via secure message?
Does this apply to credit cards with annual fees? Must all credit card companies now offer CA residents online cancelation via secure message?
Feb 16, 2019, 5:17 am
#2
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,952
THIS article was published July 27, 2018:
Are Any Contracts Excluded from California’s ARL?
California’s ARL has several exemptions, including ones for services that are provided by businesses that are (a) “doing business pursuant to a franchise issued by a political subdivision of the state or a license, franchise, certificate, or other authorization issued by the California Public Utilities Commission”; (b) “regulated by the CPUC, the Federal Communications Commission, or the Federal Energy Regulatory Commission”; (c) “regulated by the Department of Insurance”; (d) certain regulated “[a]larm company operators”; (e) “[a] bank, bank holding company, or the subsidiary or affiliate of either, or a credit union or other financial institution, licensed under state or federal law”; and (f) certain regulated “[s]ervice contract sellers and service contract administrators[.]” Cal. Bus. & Prof. Code §§ 17605(a)–(f).
California’s ARL has several exemptions, including ones for services that are provided by businesses that are (a) “doing business pursuant to a franchise issued by a political subdivision of the state or a license, franchise, certificate, or other authorization issued by the California Public Utilities Commission”; (b) “regulated by the CPUC, the Federal Communications Commission, or the Federal Energy Regulatory Commission”; (c) “regulated by the Department of Insurance”; (d) certain regulated “[a]larm company operators”; (e) “[a] bank, bank holding company, or the subsidiary or affiliate of either, or a credit union or other financial institution, licensed under state or federal law”; and (f) certain regulated “[s]ervice contract sellers and service contract administrators[.]” Cal. Bus. & Prof. Code §§ 17605(a)–(f).
