Junk Fees

Most of us do a fair amount of shopping online, to put it lightly. Most goods and services can be bought online. For some online purchases, such as the notoriously over-priced concert ticket, consumers can get charged convenience fees. These fees are usually tacked on at the very end of the transaction. You’re almost ready…

CONSUMER ADVISORY FROM THE MARYLAND COMMISSIONER OF FINANCIAL REGULATION:  “lenders and servicers are prohibited from collecting fees on any form of loan payment (so-called “convenience fees”) if the fees are not specifically contained in your loan documents.” In recent years, junk fees have added a new challenge to consumers trying to stay on top of…