A new Federal Trade Commission rule aims to put a stop to such surprise charges by banning so-called junk fees on short-term lodging as well as on tickets to live events. The rule bans businesses ...
In February 2023, President Biden promised in his State of the Union address to take on what he called junk fees, credit card late fees, bank overdraft fees. (SOUNDBITE OF ARCHIVED RECORDING ...
The Federal Trade Commission announced a final rule banning hotels, ticketing, and short-term rental companies from including hidden junk fees in their total price on Tuesday.Rather than consumers ...
Minnesota's new Deceptive Trade Practices Act took effect January 1 with the goal of protecting consumers from so-called ...
The Federal Trade Commission released its final rule that prohibits junk fees and other ways that ticketing and lodging companies hide the total cost of a service or event. The Junk Fees Rule ...
Banks that once thrived on these “junk fees” will have to pivot and find sustainable ways to offer value—perhaps by enhancing user experience through digital wallets, budgeting tools ...