Think You Cannot Overdraft a Prepaid Debit Card? Reconsider That Thought

Think You Cannot Overdraft a Prepaid Debit Card? Reconsider That Thought

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For many people, one of many destinations of a prepaid charge card is the fact, unlike a bank checking account, they believe they usually have no possibility of overdrawing and triggering hefty overdraft charges.

However the customer Financial Protection Bureau simply included strict limitations to those charges beginning in October 2017. Which might come as a shock to customers whom did not also understand their cards that are prepaid ever overdraft. 继续阅读“Think You Cannot Overdraft a Prepaid Debit Card? Reconsider That Thought”