MERCHANTS SHOULD BE ABLE TO EXIT A CONTRACT WITHOUT PENALTY IF THE TERMS CHANGE...Daily-Protest has been advocating that CONSUMERS SHOULD BE ABLE TO EXIT A CONTRACT WITHOUT PENALTY IF THE TERMS CHANGE!
Daily-Protest.com (a sister blog of Bloggers Against Chase Bank) recalls getting several Canadian hits in a short amount of time several weeks ago and wonders if perhaps, just perhaps, the highlighted provision came from reading Daily-Protest.com.
CHANGE IN TERMS.com has also been advocating the right to OPT OUT on the web since December of 2008, they too complained about Chase Bank's decision not to allow opt out to almost a million of their own customers.
Prior to that, On March 23, 2004, I personally wrote letters to EVERY ATTORNEY'S GENERAL in the United States and surrounding US territories complaining about terms changing with no OPT OUT clause by GM Card.
It would be proper for Daily-Protest.com or Change in Terms.com to be acknowledged and credited by the Canadians if they incorporated our ideas into the Canadian Merchant Fee/Transaction Credit Card Reform bill, however...
...The sad reality is the OPT OUT PROVISION IS a NO BRAINER that SHOULD ALSO HAVE BEEN INCLUDED in the CONSUMER CREDIT CARD BILL REFORM ACT that was recently signed into law in the United States!