Contracts can be yearly, with or without your will, with the possibility to cancel or not. That could become debt if not paid but not necessarily, there are consumer protection laws against abusive subscriptions, but maybe not in the US.
Services that care about cancellation and charge backs always charge the full duration upfront at the reduced price. Not month to month.
The gym, the newspapers or tinder will charge you ahead for the next month. If they can't charge you, they terminate your access and it ends the contract. You stop paying and you stop being able to use the service.
> The gym, the newspapers or tinder will charge you ahead for the next month. If they can't charge you, they terminate your access and it ends the contract. You stop paying and you stop being able to use the service
Maybe it's different in the UK but many people have got caught out assuming this is the case for gyms.
If you sign a contract saying you will pay £X each month until you cancel then just stop paying, you still owe the money.
Services that care about cancellation and charge backs always charge the full duration upfront at the reduced price. Not month to month.
The gym, the newspapers or tinder will charge you ahead for the next month. If they can't charge you, they terminate your access and it ends the contract. You stop paying and you stop being able to use the service.