Signing up for anything online
always requires you to agree to some sort of terms and conditions, and while
many of us skip over this box, we still click “agree” as if we have read
everything and understand what we are legally obligated to.
It is important to read everything
in the terms and condition box so that you are aware of what happens if you
void the contract, as well as if you are paying for services, what you are
naturally entitled to.
Not reading the fine print in any
situation can cause major problems. There are millions of people around the
world who do not read the fine print when asked to, myself included, and we are
putting ourselves at risk for multiple things. According to The
Guardian, a British online journal, only 7% of Britons admitted to reading
their online T&C’s when asked to. Why do we not take the time out to read
the fine print, when we can practically sign our lives way, or encounter
numerous fees? Many online users report
that the T&C’s are too lengthy, and that they are pretty much the same on
every online site, such as shopping.
Reasons why you should always read
T&C’s are lengthy, but the top three include:
- Fees associated with cancelation of the product.
- Your rights
- Associated liabilities
So, if we are being legally bound
to a contract when purchasing a good, why do we still not read the fine print?
This is a question that I constantly ask myself as I click the button, just to
get to what I actually want. In an interesting article on Fox
News, as part of an April Fool’s joke, a company placed in their T&C’s
that the customer would agree to “sell their souls” by agreeing to the contract.
It was reported that 7,500 customers agreed to sell their souls. It is a funny
trick to play, as they planned to contact the customers and make them aware of
what they have agreed to, but it also shows that we as humans are so eager to
sign our name on the dotted line, without knowing what we are getting ourselves
into.
While I have read contracts
before, and signed them, I do find that it is important to read everything
involving your signature. My personal recommendations before agreeing to anything
would be to,
- Know what you are signing.
- Look at all possibilities if you cancel.
- If you do not understand what you are signing, seek counsel.
While many of us will continue to
not read the print, hopefully you will be inspired to look through to see
anything “fishy”, so that you don’t sell your soul.