Try to count how many signatures do you have. Not just streaming services – everything you pay for regularly. We are willing to bet that you can lose one or two on the first try. The sheer number of different directions for our money means it’s easy to forget that you signed up for a free trial months after starting charging you, for example.
That’s where these apps come in. They help you identify recurring payments that come out of your bank account, so you can be sure that you want to continue signing them all.
However, these apps are more than canceling subscriptions. They can help you renegotiate better deals on your smartphone contract, set up savings accounts for you, manage a more effective way to pay debts, reduce the amount you need to pay in a parking ticket, and more – usually with minimal effort from you. In short, if you are interested in managing your money better and are willing to allow third parties to examine your finances to help you, they can do some of the work for you.
This means that you should keep in mind that these applications, by their very nature, need access to your financial records. By connecting them to your bank accounts, you are relying on them to treat your data safely and respectfully, and while we have no reason to suspect that any of these applications are unreliable, you should also definitely read their privacy policies.
Do not pay
DoNotPay markets itself as “the world’s first robot lawyer” – it’s ready and willing to help you dispute parking fines, cut government bureaucracy, cancel digital subscriptions you forgot, solve problems with customer service representatives and lots of more.
Install the app on iOS and it will need connections to your bank and email accounts to start working its magic. In some cases, the application uses a direct chatbot to obtain information from you, before working on your behalf behind the scenes, either to obtain the right documents or place the right appeals. You can also set up temporary phone numbers, email addresses and even credit cards to test the app without sharing your real data.
The service may even reveal hidden money that you may not know you had – refunded bank fees, for example. The user interface is also intuitive, so it’s hard to get lost. If you have a specific problem that needs to be solved or just want to see what DoNotPay can find, it is worth a try.