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Financial Contracts You Refuse To Sign in: Subjects › Personal Finance

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Let's discuss financial contracts you refuse to sign:

1) Cell Phone Contract. These are horrible. Early Termination Fees. Potential for the company to downgrade their service you receive during your mandatory contract period (for example imagine having an AT&T contract signed for 2 years just before the first iPhone came out and bandwidth was killed). Instead use pre-paid phones, work phones, or other people's phones.

2) Housing Purchase with Home Owners Association. NEVER! They raise rates whenever they want. They make you liable for expenses that come up for the entire property. They tell you what you can and can't do to your home. NEVER!

3) Marriage. The woman takes half your stuff if not more. No thanks!


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Most people just take the easiest option and give in and sign.... but yes with a little creativity there are ways to still have all the above (the wife, the nice home and the nice phone) w/o the onerous contract.


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I need to find a way to get out of this contract that requires me to read every tripleB thread


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squid3 said:I need to find a way to get out of this contract that requires me to read every tripleB threadSign on the "ignore user" line


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tripleB said:3) Marriage. The woman takes half your stuff if not more. No thanks!not if you have a good pre-nup and she's got wealthy parents.


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Homeowners Associations need to pass a majority vote before raising rates. The board members pay the monthly dues too.


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I don't think tribleb has to worry about getting married anytime soon


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The pledge of allegiance


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On a more serious note...what about the forced arbitration clauses (i.e. you cannot sue us through the courts, you must go through a private arbitrator) that are practically everywhere these days? Not to politicize this thread but they've gotten in the news lately with the whole KBR rape lawsuit fiasco. In my opinion they're quite sneaky and one-sided, but oftentimes there's not much of a way to get out of them aside from avoiding doing business with the company.


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I've walked out on signing crazy leases as in "you are liable for mold" in an apartment.


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Signing away your right to sue under a contract in a consumer setting should be illegal


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LtWaldo said:I've walked out on signing crazy leases as in "you are liable for mold" in an apartment.

I've done the same, except they had some vague clauses that made it sound like the tenant was responsible for maintence and repairs. When they refused to negotiate terms, I walked.


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Crazytree said:tripleB said:3) Marriage. The woman takes half your stuff if not more. No thanks!not if you have a good pre-nup and she's got wealthy parents.

Since I was spending more than half on H&B as a bachelor that actually was a smart financial move.


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