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Tag Archives: prepaid cards

Lawmakers, regulators target prepaid card overdraft fees

Kelly Dilworth

Prepaid cards that allow you to overdraft your account for a hefty fee could soon face extinction if federal regulators and Democratic lawmakers get their way. Earlier this month, Senator Jeff Merkley introduced a consumer protection bill dubbed Stopping Abuse…
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20 surprising facts about how Americans pay for things

Matt Schulz

Americans use this form of payment six times more than they did in 2000. Click through to learn what it is — and find 19 other eye-catching numbers.
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CFPB targets confusing prepaid card disclosures

Kelly Dilworth

Confusing card disclosures may not be around for much longer. The Consumer Financial Protection Bureau announced this week it’s working on a much simpler prepaid card disclosure that it hopes will make it much easier for consumers to do card comparisons.
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Occupy Wall Street members pitch a card for the 99 percent

Kelly Dilworth

Members of the Occupy Wall Street movement — the group that camped out for months in New York City’s Zuccotti Park protesting economic inequality — are getting into the prepaid card business.

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