SmartMoney Magazine Auto Renewal Rip-Off

I have been long-time subscriber to SmartMoney using their automatic renewal service. I just received my renewal bill for $19.97 for 12 issues, but on their own website they offer 36 issue subscriptions for $24! So their unethical business model is to rip-off existing loyal customers with inflated renewal rates (hoping they don't notice) while offering regular rate deals to everyone else. When I called them on this, their excuse was that sometimes they have special offers for new subscribers - what a bunch of baloney, their special offer is available anytime to anyone. Smart Money auto renewal subscription service is an unethical business practice - don't subscribe to their auto renewal service.
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ID
#286249 Review #286249 is a subjective opinion of poster.
Location
Minneapolis, Minnesota
Loss
$19

SMART MONEY ENTRY ON BANK STATMENT

I received my bank statement in the mail and normally I dont check it but my money was off in my check register. I checked my bank statement and there is a entry for smart money for 28.71. I try to call the phone number listed and it doesnt work. I did not authorize this charge and I dont know how they got my debit card number. Does anyone know who this company really is? Or any contact information? I have to go to the bank sign an affadavit and cancel my card. I just hope my bank gives me my money back.
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ID
#160291 Review #160291 is a subjective opinion of poster.
Location
Richmond, Kentucky
Loss
$28

About

Summary

Smart Money is a Wall Street Journal Magazine of Personal Business which was launched in 1992. The founders of Smart Money are Hearst Corporation and Dow Jones & Company. In 2010, Hearst sold its stake to Dow Jones. The first editor of the magazine was Norman Pearlstine. Smart Money is intended for affluent professional and managerial business people who need personal finance information. Regular topics of Smart Money include ideas for saving, investing, and spending, as well as coverage of technology, automotive, and lifestyle subjects including travel, fashion, wine, music, and food, etc. In June 2012, Dow Jones announced that Smart Money would be going all digital. The last paper edition was printed in August 2012, it was the September 2012 edition.

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