Junk fees have been in the news this year – mostly because of the Biden administration’s declared war on junk fees. But where exactly are junk fees, and what can consumers about them?
Junk fees are unexpected and sometimes hidden fees that companies charge for a service that costs them little or nothing to provide, and they turn up in everything from concert tickets to mortgage contracts to bank accounts.
Here are three areas of spending where you’ll likely encounter these fees. We’ll also look at the different types of junk fees to pay attention to in case you believe you’re overpaying.
Discover what Mercedes Zach, a spokesperson with ASAP Tickets, says about travel fees and so-called junk fees here
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