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For most people, one of the most significant tourist attractions of a prepaid charge card is the truth that, unlike a bank account, they believe they have actually no possibility of overdrawing and triggering hefty overdraft charges.
Nevertheless the customer Financial Protection Bureau simply included limits that are strict those costs beginning in October 2017. That may come as a shock to customers whom did not also recognize their cards that are prepaid ever overdraft. Read more “Think You Cannot Overdraft a Prepaid Debit Card? Reconsider That Thought”