Prepaid Debit Cards Becoming Popular Alternative
As debit cards continue to replace checks and cash as the most popular way to purchase goods and services, more consumers are turning to transactions not tied to traditional banking accounts....
View ArticlePrepaid Debit Cards Not Just for Unbanked Consumers
Prepaid debit cards are most often associated with unbanked consumers who use the cards to receive direct deposits or store their money securely. A surprising new study from Pew Charitable Trusts...
View ArticleCFPB Now Accepting Complaints on Prepaid Cards and Gift Cards
The Consumer Financial Protection Bureau is now accepting complaints about gift cards, prepaid cards, benefit cards and general purpose reloadable cards. The bureau has also begun accepting complaints...
View ArticleIs It Better to Overdraft a Checking Account or a Credit Card?
In desperate times, having the ability to overdraft your checking or credit card account can come in handy. It's like an instant personal loan without having to fill out an application. Of course, this...
View ArticleBank Fees Continue to Rise
Bank fees are increasing and the number of free checking accounts is decreasing, according to Bankrate's 18th annual checking survey. Monthly Fees Since peaking at 76% in 2009, the number of free...
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