California cracks down on ‘predatory’ early cancellation fees

2025-10-14 07:29 GMT · 6 months ago aimagpro.com

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 […]