| A lot of gyms, especially the ones that offer monthly subscriptions, work in conjunction with a finance company.If you were asked to sign a credit agreement when you took out membership,it's likely the finance company advanced the full yearly membership amount to the gym, and your monthly payments are actually made to the finance company.That is why it is almost impossible to get out of a 12 month contract.The gym already has your full yearly membership fees, advanced by the finance firm.Anyone thinking of taking out gym membership and taking the monthly option for payment should reslise it will be almost impossible to get out of this contract until the full 12 months expires. |