Stretching Your Dollar: What to Know About Junk Fees
Brian Vendig, president of MJP Wealth Advisors, joined Cheddar News to talk about nuisance junk fees that tend to catch people off guard at the time of payment. Vendig broke down various uses for the fees and what consumers can do to protect themselves against surprise costs.
President Joe Biden on Wednesday announced a proposed rule by the Federal Trade Commission to ban any hidden and bogus junk fees, which can mask the total cost of concert tickets, hotel rooms and utility bills.