There are a number of consumer protection laws in place to prevent financial institutions from taking advantage of consumers, but people are still paying for fees they might not even be aware of. You may discover hidden or deceptive charges on bills and fees with your bank accounts, credit cards, mortgages, and memberships or subscription programs.
If you are not closely monitoring all of these accounts, it is possible to have hidden fees and charges slip through the cracks without your knowledge. Whether you are logging in online each month or still receiving paper statements through the mail, be sure to check for any unusual or extra fees tacked on to your bill.
Take a look at the slideshow and learn how to avoid these types of tricky fees.
Understanding The Most Common Credit Card Fees
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