Be very careful when recommending Racknerd. Owner of that hosting company was involved in Alpharacks exit scam. Google properly before signup, don't be blinded by the price of service.
You're the first person I've heard with those sorts of accusations, so not sure what to make of them.
But more broadly, any prepaid service is potentially an 'exit scam' and the point is to minimise your risk.
So in the end the price of the service (along with quality/value) is really the main consideration. Losing $20 at some point in a year is not much of a risk. I've used many providers, maybe using a bit of judgement, and I've only once come anywhere close to this, but even that seemed to just be a business failure and my account was sold but the replacement service was not as good.
