Prepaid Cards: Credit and Convenient

I have noticed a lot of new prepaid cards on the market.  Just be sure you read all the fine print.  Do they have monthly fees, what is the cost to add more money to your prepaid card.  Thousands of people use these cards, the best prepaid cards are the ones that accomplish what you need. Is it for emergency, maybe you are going on a road trip and you don't want to pay cash, giving your teenager money for a trip, need to book hotel reservations.  Prepaid cards car but a budgeting tool.  If … [Read more...]

Advantages And Disadvantages Of Using Prepaid Cards

Mango Debit Card

Prepaid debit cards have been used extensively since the 1990s when the credit card companies realized that much of the population did not qualify for many of their credit cards. Even when people did qualify for those credit cards, too often would people falter on making their payments, which would usually lead to bankruptcy and losses for the banks. The first attempt by banks to rectify this problem was to present “secured credit cards,” which required the card holder to have savings on … [Read more...]

ShareBuilder