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❌ The U.S. May Soon Outlaw Hidden Junk Fees |
Tired of comparison shopping and landing on a price, only to get slapped over the head with junk fees at checkout? |
Those days may soon come to an end. |
California recently signed into law (starting July 1, 2024) a bill that bans “offering a price for a good or service that does not include all mandatory fees or charges other than taxes.” |
That follows Airbnb’s announcement in November 2022 that it would allow customers to see the total pre-tax cost of a booking in their search results. Customers were upset about junk fees such as cleaning fees getting added to the cost when they went to complete the booking process. |
Now, the Federal Trade Commission has proposed a rule to ban “hidden and bogus fees that can cost consumers an extra $80 billion every year,” NBC News reported. |
The FTC claims enforcing such a rule on the ticketing (concerts, sporting events) and short-term lodging (hotel) industries could save Americans 50 million hours a year. |
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💵 Today’s Top Stories |
| | Ever wonder how spammers get your email address and fill your inbox with junk? Here are 10 ways it happens – and some tips to prevent it. Read more. |
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| | Americans did a great job of saving and paying off credit card debt during the COVID-19 pandemic. Many of us have sunk back into bad habits, though. Here’s how to hit reset. Read more. |
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| | Looking to buy or sell a used car? Or just want to do a little online window shopping? We’ve got websites to recommend to you. Read more. |
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| | Delta angered many customers by watering down its SkyMiles loyalty program in September in a big way. It is now pledging to roll back some of those changes. Read more. |
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| | Flying is a common fear. Clark loves flying but has a tip for anyone who gets anxious. Plus, producer Christa gives her perspective. Read more. |
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| | The streaming industry is in a state of transition as it grapples with profitability. Netflix is leading the way. The streaming giant announced another price hike after reporting earnings Wednesday. Read more. |
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📊 Stat of the Day |
📝 19.5: The composite ACT score in 2023. That’s the lowest mark in at least 32 years. It also represents the sixth consecutive year that scores have declined. The standardized test, often used for college admissions, allows for a perfect score of 36. |
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💰️ Deal Alert: Today’s Top Deals |
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🎙️ Podcast |
 | Full Show: Saving on Car Insurance and End of Life Conversations |
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Car insurance rates have been skyrocketing. How can you save money? Clark goes back-to-basics so you know what you need and how to keep more money in your wallet. Also, talking to our parents about their end-of-life preferences isn’t easy but it’s really important. Clark helps explain how to have this crucial conversation. |
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☎️ Need Money Help? |
The Team Clark Consumer Action Center is a free helpline that can help you navigate your money questions. Call 636-492-5275. Visit clark.com/cac for more information. |
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