Fred Business News - When you fork over $36 billion, it stands to reason that you should know exactly what you're paying for.
But a government report on bank fees released Monday revealed that consumers are ill-informed about the fees they are paying on their checking and savings accounts.
The report, published by the Government Accountability Office, found that some fees assessed by financial institutions have steadily increased in recent years - in some cases by double digits.
Overdraft fees, for example, rose 11% between 2000 and ... more »
