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States/New Jersey/Bloomberg
Back to New Jersey subscription laws
NJhard to cancelNews · $35/mo

Cancel Bloomberg in New Jersey

Step-by-step guide to cancel your Bloomberg subscription, backed by New Jersey's Automatic Renewal Act and the FTC Click-to-Cancel Rule.

Your Rights in New Jersey

New Jersey's Automatic Renewal Act (N.J. Stat. § 56:12-16) gives you specific protections when canceling Bloomberg:

  • Written notice 30 days before renewal
  • Clear disclosure of terms
  • Easy cancellation method
  • Right to cancel within 30 days

Penalties for Bloomberg: Consumer fraud violation — treble damages plus attorney fees

How to Cancel Bloomberg

Method: Phone or email

  1. 1Call 1-800-955-4003
  2. 2Or email support@bloomberg.com
  3. 3Request subscription cancellation
  4. 4Get written confirmation

Tips for Canceling Bloomberg in New Jersey

  • Very expensive — $420/year
  • Cannot easily cancel online
  • Bloomberg Terminal is separate product
  • Check if employer provides access

In New Jersey: If Bloomberg makes cancellation harder than signup, they may be violating N.J. Stat. § 56:12-16. Document everything and consider filing a complaint with the New Jersey Attorney General.

Refund Policy

No refund for current period.

Under N.J. Stat. § 56:12-16, you may be entitled to a full refund if Bloomberg didn't properly disclose auto-renewal terms at signup.

Federal Laws Protecting You

These federal laws apply to Bloomberg in every state, including New Jersey:

  • FTC Click-to-Cancel Rule (16 CFR Part 425) — cancellation must be as easy as signup
  • ROSCA (15 USC § 8403) — requires clear disclosure and affirmative consent for online subscriptions
  • Fair Credit Billing Act (15 USC § 1666) — dispute unauthorized charges on credit cards
  • EFTA (15 USC § 1693) — protections against unauthorized debit charges

Legal Strategy for Bloomberg in New Jersey

Bloomberg is rated hard to cancel. But in New Jersey, you have strong legal leverage:

  1. 1. Follow the cancellation steps above and document everything (screenshots, dates, names).
  2. 2. If Bloomberg refuses or delays, cite N.J. Stat. § 56:12-16 (Automatic Renewal Act) in a written demand.
  3. 3. File a complaint with the New Jersey Attorney General's office.
  4. 4. Dispute charges with your credit card company under the Fair Credit Billing Act.

SubScrub generates demand letters that cite both N.J. Stat. § 56:12-16 and the FTC Click-to-Cancel Rule automatically.

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SubScrub auto-cites N.J. Stat. § 56:12-16 + sends legally-backed cancellation demands