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Prepaid & Debit Cards NEWS

Take Charge America Offers Tips For Keeping Financial Resolutions In 2017

[Wednesday, January 11th, 2017]

It doesn’t matter if 2017 is already well underway; it’s never too late to make some resolutions for the new year. So if you haven’t already started going to the gym, eating healthy, and saving money, this is a great time to think about what you want to focus on during the coming year.

NetSpend Sounds Alarm on Fed Proposals for Prepaid Card Products

[Saturday, April 11th, 2015]

The Consumer Financial Protection Bureau’s (CFPB) proposed restrictions on prepaid cards are cause for concern for thousands of Americans, according to NetSpend, a provider of credit products and services.

Walmart and Green Dot Debut GoBank Checking Alternative

[Monday, November 3rd, 2014]

A new option for people who want to avoid bank fees is available from Walmart and Green Dot.

Consumers Wary of Data Security

[Saturday, June 21st, 2014]

Eighty percent of people think there is no such thing as data privacy anymore, according to a recent study from Accenture.

Retailers Vow to Strengthen Security in Wake of Data Breaches

[Sunday, February 9th, 2014]

After major data breaches at Target and Neiman Marcus stores across the United States left millions of people vulnerable to fraud, the Retail Industry Leaders Association (RILA) is vowing to tighten security to protect consumers.

Prepaid Debit Cards for Social Security Payments Under Scrutiny

[Friday, July 5th, 2013]

The government has long been trying to go paperless when it comes to benefits payments like Social Security.
Paper checks are expensive to print, process and mail – and for recipients who do not have bank accounts, they can be costly to cash. Instead, government agencies have been pushing people to get government-sponsored prepaid debit cards, issued by Comerica Bank.

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.

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 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.

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.

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.

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