This document can be used as a tool to cancel a subscription or a membership . The letter is a piece of written evidence that allows both parties to complete the process smoothly.
This document can be used as a tool to cancel a subscription or a membership . The letter is a piece of written evidence that allows both parties to complete the process smoothly.
You fill out a form. The document is created before your eyes as you respond to the questions.
At the end, you receive it in Word and PDF formats. You can modify it and reuse it.
First of all, carefully read the subscription or membership contract you wish to terminate before filling out the letter. Individual cancellation requirements may apply, including specific time terms and conditions.
The first step you need to follow is to send a letter to the company with whom you have a membership or subscription you wish to cancel. If possible, specify a peculiar department which manages the cancellations and include them in your letter.
In the first paragraph of the letter, state the reason for your cancellation, as well as the specific date of cancellation and ask for written consent. If you've set up automatic payments for your membership or subscription, use the following paragraph to revoke your permission to continue debiting payments from your bank account automatically.
Note that there may be penalties for early termination. If such fines apply or you owe any taxes, pay the debt, and attach a check or money order along with your request to cancel your subscription.
If you are eligible for a prepayment balance, request a refund and indicate how you would like it refunded.
Do not forget to add your contact details so that the company can reach you with your cancellation confirmation or request additional information or documentation to complete the cancellation.
This letter should be sent by certified mail so that you'd have definitive evidence in case of any disputes. The documents attaching the letter must be copies and not the original ones.
Under the Federal Truth in Lending Act (FTLA), consumers have the right to cancel a contract before midnight of the third business day after signing the contract if their home is used as collateral. It is also required to comply with federal law, allowing consumers to cancel a contract within three days of making a purchase of $25 or more from a door-to-door salesperson.