BELOW SUPERNAV drop zone ⇩

White House, many others, push back against ‘junk fees’

  • Public backlash to hidden fees on food, events growing
  • Biden administration trying to end extra fees where it can
  • Bloggers, mainstream media have exposed many fees

Guest check with Cash and Coin on white background

MAIN AREA TOP drop zone ⇩

MAIN AREA TOP drop zone ⇩

ovp test

mLife Diagnostics LLC: Oral Fluid Drug Testing

Male shot by female at Shreveport apartment

Class to create biodiverse backyard

Rules for outbursts at Caddo School Board Meeting

Mortgage Calculator

This calculator helps you estimate your monthly mortgage payment. It adds up the loan payment (principal + interest), property tax, and insurance. The loan payment is spread out over the years of your loan term.

This is the total amount you're borrowing from the bank.
This is the yearly interest rate on your loan.
This is how long you'll take to repay the loan.
This is the yearly tax you pay on your property.
This is the yearly cost to insure your home.

Monthly Payment Breakdown

Principal and Interest: $

Property Tax: $

Homeowners Insurance: $

Total Estimated Monthly Payment: $

AUTO TEST CUSTOM HTML 20241114185800

AUTO TEST CUSTOM HTML 20241115200405

AUTO TEST CUSTOM HTML 20241118165728

AUTO TEST CUSTOM HTML 20241118184948

(NewsNation) — Bloggers, mainstream tourist guides, legal websites, and now even the White House all agree on something: Junk fees must go.

“Junk fees” are defined as those semi-hidden additions to a bill that you don’t learn about until you look at the bill — be it from a restaurant, ball game, concert, hotel, airline or bank.

“Ten specific kinds of junk fees amount to $90 billion per year in the United States, or more than $650 per household per year on average,” said a White House report last month.

“That’s high enough to deserve a line item in family budgets, equal to about a fifth of the average household’s entertainment spending,” the report said.

The Biden administration has been active in cracking down on junk fees in areas the federal government regulates. It says the Consumer Financial Protection Bureau’s actions will already save nearly $20 billion a year.

Congress has also jumped on board. It’s working on a bill to “limit and eliminate excessive, hidden, and unnecessary fees imposed on consumers.”

According to The Wall Street Journal, more people are starting to notice the extra lines on their bills and are fighting back.

One couple tells the newspaper they now base hotel and car rental choices on whichever company offers a flat, upfront price.

Restaurant delivery customers are ordering online, then walking or driving to the restaurant rather than charge as much as 50% for delivery.

Scott Roeben, author of the popular Las Vegas blog Vital Vegas, has long encouraged people to demand restaurants remove the 3-5% CNF (Concession and Franchise Fee) from food bills. But he acknowledges that most people who are on vacation in Las Vegas aren’t going to spend the time arguing with a restaurant manager over less than $5.

“Casinos rely heavily on that vacation attitude,” Roeben told the website “Life’s Incredible Journey.”

When it comes to entertainment, sometimes the entertainers themselves get into the fight. According to the Journal, singer Maggie Rogers recently urged her fans to buy tickets to her next show at the box office “like it’s 1965” to avoid fees.

And Minnesota recently passed what became known as the Taylor Swift bill, which mandates transparency when buying tickets to concerts, ball games and other live events. It was inspired by a state lawmaker’s frustration at not being able to buy tickets to Swift’s 2023 concert in Minneapolis, 

Your Money

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

Site Settings Survey

 

MAIN AREA MIDDLE drop zone ⇩

Trending on NewsNation

AUTO TEST CUSTOM HTML 20241119133138

MAIN AREA BOTTOM drop zone ⇩

tt

KC Chiefs parade shooting: 1 dead, 21 shot including 9 kids | Morning in America

Witness of Chiefs parade shooting describes suspect | Banfield

Kansas City Chiefs parade shooting: Mom of 2 dead, over 20 shot | Banfield

WWE star Ashley Massaro 'threatened' by board to keep quiet about alleged rape: Friend | Banfield

Friend of WWE star: Ashley Massaro 'spent hours' sobbing after alleged rape | Banfield

Mostly Cloudy

la

52°F Mostly Cloudy Feels like 52°
Wind
0 mph E
Humidity
80%
Sunrise
Sunset

Tonight

Cloudy skies. Low near 50F. Winds light and variable.
50°F Cloudy skies. Low near 50F. Winds light and variable.
Wind
2 mph NE
Precip
3%
Sunset
Moon Phase
Last Quarter