Junk fees are hidden and unexpected charges that are often not included in the initial or listed price of a transaction but are added on at the time of the payment. Airlines, hotels, concert ticket providers and banks often add them onto the cost of a service or good after the consumer has seen the original price. Proponents of the rule argue that getting rid of these fees will make prices more transparent for consumers and save them money. Opponents argue that private businesses would simply raise prices in response to the regulations and there isn’t a guarantee that flying or staying in a hotel would be any less expensive.
Educate people. Companies are getting away with surcharges because people are paying them. If more people refused to pay high prices for services they do not need, the costs for those services would go down. Concert tickets, cable bills, and many of the services people are paying for are non-essentials. BUT banks are another story. It may be that Credit Unions aren't doing as good a job as the banks are in marketing.
@9F8ZNQ41yr1Y
yes but for things like banking services, not recreational stuff
@9F37DQB1yr1Y
Not familiar enough with the field to provide a valid answer.
@9DQSF441yr1Y
They should have a cap and should be in plain English
@9C8YBHH1yr1Y
Neutral, as long as all the costs are clearly communicated before purchase
@99GCMB82yrs2Y
Be transparent with the pricing of services.
@99FLNM22yrs2Y
Yes, but only in low-competitive sectors.
Loading the political themes of users that engaged with this discussion
Loading data...
Join in on more popular conversations.
