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Re:Using Zipcar may damage your credit by ppereira on Sunday September 19, 2010 @04:24PM (#1706868)
Insurance companies often use missed payments to cancel contracts, although there are usually specific legal provisions for notification, coverage, and fees associated with late renewals.

On an unrelated note, I once had an auto-renewing contract for $2/year renew at $40. It was interesting because the $2 subscription was on a now expired credit card from one bank and the $40 subscription appeared on a different card with a different number from a different bank. The transaction was considered illegal by MasterCard.

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