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 5 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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