The Ring of Fire
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American Consumers Paying BILLIONS In Possibly Illegal “Hidden Fees” To Corporations
Posted
June 25, 2019
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8,792
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518
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June 25, 2019
8,792
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According to a recent survey by Consumer Reports, 85 percent of Americans say that they were hit with an unexpected or hidden fee as part of a service they purchased in the last two years. And two-thirds of Americans say that the cost of these surprise charges are going up. Consumers in the United States are paying billions of dollars each year in hidden fees. In 2018, surprise charges included $7.6 billion in reservation change and baggage fees by airlines and $2.9 billion in resort fees and other hotel surcharges, according to Consumer Reports. Ring of Fire’s Farron Cousins discusses this with Scott Hardy from Top Class Actions.
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