Facepalm, as the kids would say. Even if you’re a relative newcomer to the Internet, there are probably some things you would …
prepaid credit cards
Suze Orman’s New Prepaid Debit Card
Oprah pal Suze Orman never had much in common with reality TV‘s Kardashian sisters — until now. The personal finance personality debuted a prepaid debit card, the Approved Card. Prepaid cards are notorious for high fees — and …
Would You Bank at Walmart?
Americans fed up with big bank fees are closing their accounts and marching over to … Walmart? It’s true; the mega-retailer has been steadily growing its services for the unbanked, such as cashing checks and selling reloadable …
Credit Cards for Kids? Don’t Be Childish
It’s absolutely true that kids should learn about the mechanics of credit: How to use it responsibly and why it can get very expensive very quickly if you don’t. But the idea that they need a card of their own to practice this is …
What Do You Think the CFPB Should Crack Down On?
A consortium of consumer groups led by the National Consumer Law Center submitted a detailed comment letter to the Consumer Financial Protection Bureau. It’s a wish list of sorts, a round-up of shady business models and practices that part unsuspecting Americans from their money.
The Coming Wave of Non-Credit Cards
We predicted that more major financial institutions would launch prepaid debit cards in response to the combination of increased regulation and a ballooning number of people who can’t get a credit or debit card. American Express …
Why Rebates Just Can’t Compete with Straight-Up Discounts
For retailers and manufacturers, rebates succeed on two fronts: 1) The appearance of a deal convinces many consumers to pull the trigger and buy when they otherwise probably would have waited for a standard point-of-purchase sale; and 2) In many cases, only half of consumers eligible for rebates will actually redeem them, meaning they …