THANK YOU. You summed this up so much more eloquently (and calmly) than I ever could. +100jtfrogger wrote: ↑Aug 16th, 2019 2:07 pm
For some reason I decided to read through this thread. So, I figure I might as well toss in my perspective.
I haven't seen anything to the contrary, so I will just assume that all actions by the gym are legal and the contract is fully enforceable. I also assume that they are an unethical company too, but that isn't really that relevant to what your liability is.
Your cancellation in February was not honoured by them, and you have no evidence that you did it. From the perspective of your liability, it effectively didn't happen. The contract in place is still valid until you cancel it later.
So, the only legitimate verifiable cancellation request was in or after April 2018. Presumably, you still owe for May at this time. So, you have two payments that you reversed and another one or two owing, giving a total of 3-4 months that you owe. Is it about $50/month? That gives about $150-200 owing. Presumably, they have fees for payments that fail. This happened at least 2-3 times. These typically add about $25 per occurrence. That brings the total anywhere from $200-275. No matter how unethical their practices are, I don't see how you could legitimately get out of this liability. This number lines up to what they say you owed last year.
You are mad that they didn't accept your February cancellation. I get that, and I would be too. But you can't prove that you made this cancellation.
Now what to do about it now is the question. If it was me and I could make it go away for $300 or less, I would do so without hesitation. In fact, I'd probably pay more than double that to make this go away. I'd negotiate hard to pay less, but I wouldn't let it get reported on my credit file. I personally apply for about one credit card a month and generally get a welcome bonus about that much. That gravy train would definitely be hampered. Presumably, you value having good credit less than I do. If you don't pay, the collectors may still harass you for a long time. In addition to the credit hit, that ongoing stress is something I would personally want to avoid.
+1jtfrogger wrote: ↑Aug 16th, 2019 6:58 pmBut I really don't think that churning credit cards is for you. You have to enter into contracts. You have to be willing to read terms & conditions and determine if each card is right for you. You have to cancel cards on a regular basis, and keep track of these things. You also have to be willing to research the best way to get value out of the cards and points. Aeroplan miles easily have a value of 1.5 cpp if you are willing to do the leg work. If you just want to pick your flight date and destination and select from the results returned, the value is probably closer to 0.5 cpp (wild guess). And if something doesn't go the way you expect or hope, you have to accept it as a risk of the hobby and move on rather than sour your relationship with the issuing bank.
If you fly the SFO-YYZ route in December, you're guaranteed (and I do mean guaranteed) to get at least 2 cpp value out of AP miles. Cheapest cash fare for this route is $650 ± 30 if you book 6 months in advance, but some years there's no getting around paying $750+, so that's a whooping 3 cpp value!