The Hidden Costs of Prepaid Credit Cards
By Charlene Crowell NNPA Columnist Amid the still-unfolding effects of the deepest recession since the 1930s, one area of financial services is in a skyrocketing growth mode: prepaid credit cards. Initially appealing to consumers who lacked bank accounts to conduct personal financial transactions, this form of plastic is now commonplace. In fact, some governmental benefits are issued on prepaid cards. In 20 ...
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