Read More How to Build Credit with a Secured Card

How to Build Credit with a Secured Card

A secured card is a credit card that requires a security deposit, typically a few hundred dollars. The security deposit acts as collateral and becomes your line of credit. Therefore, if you want a $500 credit limit, you will have to deposit $500 into your account. Secured cards are a great way for you to […]

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Read More New Prepaid Card Regulations Proposed

New Prepaid Card Regulations Proposed

Ever since 2010, federal regulators at the Consumer Financial Protection Bureau (CFPB) have been taking a hard look at prepaid cards to make sure that they do not overcharge consumers and engage in sneaky tactics that lack transparency. You may recall many issuers of prepaid cards coming under harsh criticism in 2010 for charging fees […]

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