Hidden fees are charges that are not clearly disclosed or communicated to consumers at the time of a transaction, often leading to misunderstandings and dissatisfaction. These fees can significantly affect the overall cost of a product or service and are often considered deceptive when they mislead consumers about the actual price they will pay. Businesses may use hidden fees as a way to attract customers with lower initial prices, only to later introduce additional costs that can result in a much higher total expense.
congrats on reading the definition of hidden fees. now let's actually learn it.