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CFPB Says Junk Fees ‘Impede Fair and Competitive Pricing’
The more complex a pricing structure, the more likely consumers are to pay more for products like credit cards, bank accounts, mortgages and auto loans. So said the Consumer Financial Protection Bureau (CFPB) in a Tuesday (April 30) press release announcing results from its new report, “Price Complexity in Laboratory Markets.” “The research has implications […]
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