All subscriptions are billed on an annual basis, but you may cancel a subscription at any time. If you cancel within the first 30 days of signup, you will not yet have been charged, and the pending charge to occur at the end of the trial will be cancelled. In other words, the first 30 days after signup are considered a free trial period and there is no charge for the free trial period.
Once your paid subscription period begins, if you cancel within the first 14 days of this period, you will receive a full refund. Neither full or partial refunds will be provided after 14 days from the date of payment. To cancel your subscription, click on the “Cancel Subscription” link on the “My Numbers” page of the Pirate Porthole. Please allow 30 days for your refund to be processed.
Pretty sure the CFPB says this is not an OK practice. Maybe it's a scam in itself? Stir up hype, acquire your 80% of subs in the first 45 days. Pull the plug. No refund.