What is the FTC junk fee rule?
The FTC junk fee rule is a proposed regulation by the US Federal Trade Commission to ban businesses from charging consumers with bogus and hidden fees. This rule aims to protect consumers from being overcharged with unnecessary and undisclosed costs.
What is a junk fee?
I've encountered the term 'junk fee' recently and I'm trying to understand what it means. Could someone explain to me what a junk fee is, and possibly provide some examples or contexts where it might be used?
Is the junk fee banned in California?
Excuse me, I was just wondering if you could clarify something for me. The topic of the so-called "junk fees" has been in the news lately, and I've heard conflicting reports about whether or not they've been banned in the state of California. Could you please provide me with a clear and concise answer to the question: "Is the junk fee banned in California?" I'd appreciate it if you could also elaborate on any relevant laws or regulations that may be in place regarding these types of fees. Thank you.
What is the junk fee?
Excuse me, could you clarify what exactly is meant by the term 'junk fee' in the context of cryptocurrency or financial transactions? I've come across this term a few times but am still unsure of its precise definition. Is it a specific type of fee levied by exchanges or service providers? Or is it a more general term referring to hidden or unnecessary costs associated with certain transactions? Your explanation would be greatly appreciated.