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CFPB Initiates Rulemaking, Seeks Information on Reloadable Prepaid Cards...
GPR cards may look like traditional debit and credit cards, and can be used for payroll deposits, to transfer funds to family and friends, or simply as a way to store cash for purchases. Once a card is drawn down, it may be reloaded. The GPR cards may also ...  
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Some Colleges Forcing Students Into Fee-Heavy Prepaid Cards
In recent years there has been a lot of scrutiny for credit card lending agreements between financial ... issuers and institutions of higher learning to promote the use of prepaid debit cards, which typically carry sizable fees, among the schools ...  
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Trycera Financial Teams Up With Residence for Patriots Foundation
IRVINE, Calif., May 30, 2012 (GLOBE NEWSWIRE) -- Trycera Financial, Inc. (Pink Sheets:TRYF), a financial services company specializing in the delivery of prepaid debit card programs, prepaid debit card program management, alternative credit ...  
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Prepaid Card Market to Regularize
Following the imposition of the debit ... no clear standards related to the features offered by prepaid card issuers. Though, prepaid cards generally do not have any credit features, many issuers offer overdrawing from their prepaid cards, small ...  
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Prepaid debit cards stir heated debate
William Cross, 63, a disabled veteran who lives in raleigh, said his credit was ruined when ... cited a litany of fees charged by some companies that he said were unfair to consumers. “if i lose my prepaid debit card, it might cost as much ...  
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Consumers Union Urges CFPB To Regulate Prepaid Credit Cards More Closely
Using a prepaid credit card and reloading at your convenience sounds like a great idea in theory, but there are many hidden fees and dangers involved. That's why the Consumers Union, the policy and advocacy arm of Consumer Reports, is urging the Consumer Financial Protection Bureau today to adopt new rules to protect consumers who rely on prepaid cards. The CFPB is holding a field hearing today in Durham, N.C. on prepaid cards, which have...  
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New Rules for Prepaid Credit Card Companies
The Consumer Financial Protection Bureau Wednesday is announcing plans to develop the first-ever federal standards for reloadable prepaid cards, which look like debit cards, often sporting a Visa Inc. or MasterCard Inc. logo. Companies began ...  
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American Express and Zynga Games tie up; jointly launch prepaid debit card
American Express and Zynga Games together have brainstormed on a great way to help connect the virtual gaming world with the real world lately. Together, the companies have launched a prepaid debit card that literally enables users to redeem virtual credits and earn cash and points in games like FarmVille and the like. Simply put, every purchase you make exceeding $25 using your American Express card will help you earn Farm Cash in your...  
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Bureau Moves to Regulate Reloadable Prepaid Cards
Consumer advocates have been pushing for regulation of the cards, which look like conventional credit cards or debit cards tied to bank accounts. But the prepaid cards are not required to offer the same consumer protections, such as clear ...  
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U.S. Consumer Bureau Seeks Comments on Prepaid Debit Card Rules
The Consumer Financial Protection Bureau is seeking comment on what should be included in a forthcoming regulation on prepaid debit cards. “Right now, prepaid cards have far fewer regulatory protections than bank accounts or debit or credit ca ...  
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The Newest Target of the CFPB: Prepaid Cards
[Free Resource: Check your credit score and report card for free before applying for a credit card] The consumer agency asked 10 questions of the public, most focusing on the fee structure of reloadable prepaid cards. These types of cards were not ...  
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Tax refund to your credit card?
There's a good chance more Americans will bring their credit cards into good standing in the short term, thanks to Uncle Sam. The seasonal blip -- expected by many analysts -- comes as U.S. consumers use some or all of their tax refunds to pay off credit card balances.  
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Convenience fees: When is it OK to charge extra to use a credit card?
Paying with a credit card often yields rewards. But in certain situations those benefits come at a cost, not just through interest, but in the form of convenience fees  
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Rate survey: Credit card interest rates drop for the second week
Credit card interest rates dropped for the second straight week, according to the CreditCards.com Weekly Credit Card Rate Report  
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Fitch: U.S. Credit Card ABS Issuance Trust Updates Published
Fitch Ratings today published its U.S. Credit Card ABS Issuance Trust Updates for the following issuers:  
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