Types of Hidden Fees
“A little now, a sprinkle later“.
Sometimes vendors create slowly accumulating costs as you progress through check out.
Pens”R”Us.com advertise a pen for $1.00 on their site.
But once you click the Buy Now button, a new window says that you also need to choose what color ink you want, at an extra 50 cents.
Then there is an upsell for two pens…
Next, they tell you there is a pen tax and that shipping and handling will be an additional $5.00
By the end of it all…
You may be $7 out of pocket for a $1.00 pen.
This is where an online retailer has boxes automatically ticked for product or shipping upgrades, by default.
This is especially sneaky, as many customers do not pay close attention:
This leads shoppers to accidentally purchase items and upgrades when it wasn’t their intent to do so.
Surcharges are additional fees which are added to a product or service. Shipping and travel are industries frequently include these in the form of fuel surcharges.
Most transactions incur additional fees.
Most of us never really know how much they are until we have already paid them.
This all becomes especially confusing once moving money overseas.
However, with a limited number of options for consumers…
…Most are faced with unavoidable and costly fees.
(Shouldn’t everything be cheaper if it is done automatically by computers?)
Undisclosed means they didn’t notify you beforehand.
They are commonly known as hidden fees. They can be legal, or in some cases – such as falsely advertised price discrepancies – illegal.
When are hidden fees illegal?
Hidden fees are illegal when they are deceptive, fraudulent or the result of false advertising. If you feel that a company has charged you fees illegally, contact your attorney for advice.