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.

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Biden Proposes Canceling Student Loan Interest to Tackle Debt Crisis
The Biden administration has unveiled a plan, Plan B, to address the student loan debt crisis. It offers to cancel up to $20,000 in interest for borrowers enrolled in income-driven repayment plans. This proposal aims to reset balances for those facing growing debt due to unpaid interest, benefiting low—and middle-income borrowers. An estimated 25 million borrowers are eligible for some form of interest forgiveness.
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