Are debit cards connected and reported to credit reporting agencies? Does the judicious use of debit cards increase your credit score?
Our editorial team recently spoke with Beth Robertson, who studies prepaid debit cards for Javelin Strategy and Research. Robertson and her team have studied how thousands of Americans use their debit cards, and why. Robertson's research shows that many frequent debit card users prefer the convenience of loading up their accounts at retail stores instead [...]
I'm 24 and married. My husband and I live paycheck to paycheck. Should I get a credit card?
Instead of frustrating yourself and wrecking your credit report by responding to every instant approval credit card offer you stumble across, take this time to set up a new financial plan for yourselves:
1. Cut out any excess banking fees
Stop paying someone to handle your money or to cash your checks. ING Direct, a subsidiary of [...]
What is the best prepaid debit card out right now?
American Express is like that kid from your class who couldn't help but break the curve on every test. They don't mean to do it, they just crush everyone else's expectations and look puzzled when nobody else is playing at the same level. That explains why they've launched a prepaid debit card that's barely in [...]
Does the prepaid credit card protect from fraud?
Question: Does the prepaid credit card protect from fraud?
Answer: Unfortunately prepaid card fraud is just as rampant as fraud on normal credit cards. The major difference is that prepaid cards have fewer protections. In general, the only protection you can count on is that no more can be taken from the prepaid card than [...]