Tag: junk

MoveOn Launches “Junk Fees Calculator” to Hold Corporations Accountable for Predatory Fees

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Washington, D.C. – As part of its “F*ck the Fees” initiative, MoveOn is launching a website to advocate with and for working families impacted by predatory junk fees. The site features a “junk fee calculator” which asks consumers a series of relevant questions used to estimate how much in junk fees an individual has paid in one year. MoveOn members are calling on Congress and federal agencies to regulate and force corporations to offer more transparency over these deceptive fees. “In nearly every industry, from housing to banking to travel, junk fees…

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Junk Fees: Fees You’re Paying for That You May Not Even Know About

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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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