As we noted earlier last week, there are some okay and some not-so-okay aspects of Suze Orman’s new prepaid debit card. Her campaign to make prepaid cards part of the credit scoring process is a noble endeavor, but until it becomes a reality, consumers who use prepaid debit cards as a substitute for mainstream financial products are relegated to an economic underclass that prevents them from borrowing or obtaining credit on the best terms. People relying on Suze Orman for money advice should consider her financial stake in this product: Is a recommendation for the card impartial advice or a sales pitch?
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Suze Orman for the Approved Card