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Tag Archives: RushCard

RushCard debacle highlights dangers of prepaid cards

Kelly Dilworth

A technical glitch has caused thousands of RushCard prepaid cardholders to temporarily lose access to their funds — in some cases, for more than a week — and the fallout for many cardholders has been terrifying. According to comments left…
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Russell Simmons: Don’t be in a rush to judge

Tyler Metzger

Is it wrong to sell the American Dream? Boyce Watkins, a professor of finance, says Russell Simmons and his Rush Card are doing just that.
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Prepaid cards glitter in gloomy economy

Tyler Metzger

As the economy nosedives, consumers are looking for new ways to manage their finances. One of those ways is with a prepaid debit card, which gives its users some of the benefits of having a bank account with none of the strings attached.
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