Is a Prepaid Credit Card for You?

Posted by Judy Anne Cavey on Aug 17, 2011 in , , | No Comments

Amassing personal debt on top of student loan debt is a concern for many students. Here’s one way to tackle that problem…

Prepaid credit cards allow you or your parents to deposit money into the account for necessary expenses, when the card is used, the money is drawn from the account. However, there are certain things you need to know to protect yourself from being gouged.

According to writer Jeff Wuorio, in the Live Smart section of USA Weekend, take into consideration the following before investing in a prepaid credit card: