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I think in general my preference is the other part of this story: Rather than choosing what fees can and can't be offered, require both brutal price transparenc
by ocdtrekkie 5d ago
I think in general my preference is the other part of this story: Rather than choosing what fees can and can't be offered, require both brutal price transparency and prohibit advertising the unrealistic/lesser cost.
A friend of mine has recently lamented the idea gas stations can advertise "with car wash" pricing on top with what is "fine print" on the sign, which looks good but isn't when you factor in the cost of the car wash.
Another favorite is the personal loan ad, saying you're preapproved for a loan as low as 6% APR but actually you can be denied and the loan could be up to 36% APR even if you get approved. Nonsense.
I don't have a huge problem with a discount for car washes but the advertisement should be an out the door price or rate. Similarly I don't mind capped or content-restricted data plans, but the advertised price should be the unlimited one.
I don't think we should decide what businesses can sell, but we should make it very hard to mislead on the ad. Force advertisements to be the highest price instead of the lowest price, and you'll find companies finding ways to remove fees from the table themselves.
- aeturnum 5d agoI think you should check out the kinds of fees they call out as no longer allowed[1]. They include things like: a fee to "perform landlord duties" and a fee to "access your mailbox." I absolutely think it should be illegal for your landlord to hold your mail hostage. That said, this generally allows optional fees - they just need to be disclosed, have clear opt-in and out, and cannot be profit centers for the landlord. [1] https://seattle.legistar.com/View.ashx?M=F&ID=15702946&GUID=32538D0E-0FE7-40B7-AA4D-76C2202828AC https://seattle.legistar.com/View.ashx?M=F&ID=15702946&GUID=...
- ocdtrekkie 5d agoI mean obviously fees should either be included in the original price, or there should be a reason it might apply in some cases but not others. But I can also see someone just wanting to break out the costs as separate line items to highlight where their costs come from. (Here's what I pay for the property taxes, here's what I pay for the included utilities, here's what I pay for these maintenance services, so tada, there's your rent.) But again, if the advertised price must be the total price, it doesn't matter if there's a mailbox access fee or not. It's no different than if they eliminate the fee but raise the price the same amount. Make the advertised price be the highest price, and say "hey, you can advertise discounts off of that". Nobody's going to advertise you can save $5 a month by eliminating your mailbox. A similar effect, would be no longer advertising a plan's price if you enable paperless billing and autopay. You'd have to advertise the price without, and then can offer discounts for those things. Or movie ticket prices being required to be listed with the convenience fee included, and if a theater wants, it can advertise a discount for buying a ticket some other way. More than likely that would just kill convenience fees.