Junk Fees: Fees You’re Paying for That You May Not Even Know About
If you have a credit card or bank account, then you’ve probably had to pay junk fees. From credit card late fees to ATM fees, convenience fees to overdraft fees, U.S. banks and financial institutions are padding their profits with our money. Junk fees are surcharges that typically come as a surprise to consumers. In many cases, they appear at the end of the checkout process and their costs are not shown upfront. Junk fees are squeezing the middle class on essential needs like housing, banking, and travel—and it’s time…
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