Is it legal for my bank to charge a $9 fee every time I pay my auto loan bill?
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Is it legal for my bank to charge a $9 fee every time I pay my auto loan bill?
They do it no matter how I pay online, phone, etc.
Asked on October 16, 2015 under General Practice, North Carolina
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 8 years ago | Contributor
It is legal if that is this bank's terms of service the law does not restrict what charges a bank can impose, as long as they are disclosed to the consumer. If you don't want to pay this fee, you may need to look for a different bank.
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