Recently the FTC revealed that it will be implementing a new junk fee rule, which will require businesses to disclose all their charges and fees up front.
The Better Business Bureau is on point when they call America a ‘hidden cost economy’. Another tip they suggest is to pay in cash when you’re able, as many establishments like to charge hidden ‘convenience fees’ when you use a debit or credit card.
While these rules haven’t been firmly established yet, and the real impact of these rules on consumer savings is debated, the bottom line is that consumers are still charged hidden fees in the meantime. This week, let’s discuss how you can avoid these fees and be on the lookout for them.If you purchase a product or register for an account through a link on our site, we may receive compensation.
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