How to Avoid Hidden Fees!

How to Avoid Hidden Fees!

Assessment

Interactive Video

Life Skills, Business, Social Studies

11th Grade - University

Hard

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The video discusses the prevalence of hidden fees in various industries and the concept of drip pricing, where fees are revealed late in the purchase process. It explains why businesses use this strategy and the challenges consumers face in avoiding these fees. The video also covers regulatory efforts and provides five strategies for consumers to combat hidden fees, such as reviewing statements and asking for fee waivers.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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