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Prepaid & Debit Cards NEWS

Prepaid cards users at the risk on increased fees

[Saturday, July 23rd, 2011]

The increase in credit cards fees and charges instigated many consumers in the country to opt for prepaid debit cards, but their happiness seems to be short lived with prepaid card lenders considering the move to increase the fees on these cards. One of the rules that comes into implementation in July stipulates that banks [...]

Prepaid cards could be the solution to help card users from sliding into debt

[Thursday, March 31st, 2011]

According to the recent research done by credit-land.com it has been found that at least 5 million people in the UK alone have a permanent issue of overdrafts and another 18 million are sliding into overdrafts since the last year. With these alarming figures people are generally worried about sliding into debt at some point [...]

Consumers opt for other payment options over credit cards

[Tuesday, January 11th, 2011]

In an effort to fix their bad credit history, an increasing number of consumers are opting for alternate modes of payments as compared to credit cards. This move not only ensures that customers spend within their means; it also helps customers reduce their debts at a faster rate. A majority of the people shopping for [...]

The downside of prepaid credit cards

[Wednesday, November 3rd, 2010]

Getting a prepaid credit card is not a very bad idea for those who cannot seem to qualify for any other credit card but want to build on their credit. However, for many prepaid credit card customers, the theory of prepaid credit cards doesn`t turn out to be as good in reality. The prepaid credit [...]

The difficulties with prepaid cards

[Monday, October 18th, 2010]

For someone who is trying hard to get their first credit card or wants a way out to get back on track with their credit scores prepaid credit cards seem like the best deal. However a lot of the time this theory is not really practical due to a number of reasons.
A regular credit card [...]

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