Am I stuck in a contract if I sign up for a year? What if I cancel early?

Most Hosting companies do not stick you to a contract. If you are unhappy at any time, you can cancel and get a prorated refund.

However, if you get a free domain from during signup and leave before your 1 or 2 year agreement is up they usually charge you from the remainder of the prorated funds to pay for that domain. The rest will usually be credited back to the original credit card that you paid with.