Opinion: California crackdown on ‘junk fees’ overlooks credit card companies

Inflation may be slowing, but high prices continue to dash all hopes of saving money for Californians living paycheck to paycheck.

Just this month, a new California law banning so-called “junk fees” took effect. Designed to shield consumers from undisclosed costs on purchases, it’s supposed to prevent businesses from hiding extra fees, often until the end of transactions. Unfortunately, California’s new law isn’t enough and won’t protect consumers from all the fees they endure.

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