President Joe Biden said on Thursday that his campaign to protect consumers from hidden “junk fees” is bearing fruit, with more companies agreeing to provide greater transparency in pricing. Several companies in the ticketing, lodging, and other industries have pledged to eliminate hidden fees and provide customers with all-in, upfront pricing for their products and…
Biden Targets ‘Junk Fees’ Imposed by Businesses, Calls for More Transparency
California Bill Would Ban ‘Junk’ Fees for Hotels, Flights, Concert Tickets
California officials are taking aim at eliminating junk fees—or hidden costs—on goods and services following a national push by the Biden administration. State Attorney General Rob Bonta joined with Democratic state Sens. Bill Dodd (D-Napa) and Nancy Skinner (D-Berkeley) by sponsoring SB 478. “Prices advertised should be the price you pay. Plain and simple,” Bonta…
Biden Administration Wants Credit Card Late Fees Slashed to $8
The Biden administration wants credit card late fees to be slashed to $8 and for Apple and Google to reduce the amount they charge on their mobile app stores. White House officials stated that this is part of a larger policy effort to promote competition in consumer markets. President Joe Biden’s Competition Council announced on…
How Reading The Fine Print and Terms of Service Can Save Money
As consumers, we often ignore reading the terms and conditions. From booking airline tickets, taking out insurance, or even a simple purchase from your favorite clothing store; reading the fine print is not something we tend to spend a lot of time on. Yet, we live in this hyper-digital world, where all our information and…
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