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Comment by 0x53 | Hacker News Reader

Do people really have that many subscriptions that they do not notice? I have seen a number of products advertising this ability to "find" monthly subscription. Is this a helpful thing, do people have so many transactions that they can't find a subscription?

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I’ve wondered this too. Are there people who don’t look at their bank statements?

I look every month, there’s only 30-50 transactions and if I don’t recognize any, I look into it.

If people have unknown subscriptions then that’s likely a signal of larger financial problems. It’s good that this issue is helped, but likely they need some education and it’s probably dangerous for them to trust any third party with their finances.

I barely ever do. Its annoying

> Are there people who don’t look at their bank statements?

Most assuredly.

I could imagine the value is in cancellation, which I guess is non trivial for many services in jurisdictions that don't mandate subscriptions be cancelable the same place they're creatable.

Illinois and California should do a subscription cancellation tourism campaign. "Come to Chicago, it's easy to cancel Netflix here!"

I had a useless subscription that festered for over a year. Everytime I thought about it I felt that I should keep it since I might need it. Looking back I did not need it. It was a waste of money. I suspect many people are in the same situation. They know about the subscription but can't commit to canceling it. It's much easier when it's done automatically.

Ok, that makes sense. I see the value in it cancelling it for you.

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