Are you getting played like a fiddle by subscription services? Clark dives into the "click-to-cancel" rule setback and exposes the industries notorious for trapping you in unwanted contracts. Learn Clark's crucial tip before you sign up for anything. Also, Clark shares a critical update on the tax changes for businesses, freelancers, and popular payment apps like Venmo and PayPal. Clark breaks down who will really be impacted by the new 1099 reporting thresholds and what it means for your side hustle or rental income.

Plus, Christa shares your #AskClark questions and Clark gives his take. All this and more on the August 4, 2025, episode of The Clark Howard Show.

Submit your questions: https://clark.com/ask

Related resources
https://clark.com/personal-finance-credit/credit-score-expert-tips/

00:00 – Intro
01:11 – Why Canceling Subscriptions Just Got Harder
05:23 – What’s the best way to use prepaid debit cards for budgeting without overdraft risks? (Kathy in GA)
08:53 – How can I raise my credit score from 730 to excellent? (Julie in RI)
11:03 – Do I have any rights if a recalled Amazon product can’t be replaced or refunded? (Janet in IL)
14:32 – $600 Payment App Tax Rule Rollback
18:59 – Is futures trading with Thinkorswim AI at Charles Schwab worth it for beginners? (Tyler in NJ)
22:10 – Is it normal for banks to ask for full Social Security numbers and card info over the phone? (George in AZ)
26:13 – Is buying a long-term cruise lease a smart use of retirement savings? (T. in DC)

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