Many people set fitness goals for the New Year, but by summer, the gym is often empty while fees keep coming out of bank accounts. A ‘click-to-cancel’ rule was rolled out in 2024 to make canceling memberships easier but was struck down in 2025. Americans waste $397 million yearly on unused gym memberships. Nearly 50% of new gym members try to quit within six months but face tough cancellation policies. Consumer groups are pushing for a new ‘click-to-cancel’ rule. The FTC recently sued LA Fitness for difficult cancellations. Before joining a gym, read the fine print and understand the cancellation policy.
Read more at Yahoo Finance: Worth the weights? Why your New Year’s gym membership may be harder to quit than you know (and what to do about it)
