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

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

Breaking Information E-mails

For most people, one of many tourist attractions of a prepaid bank card is the truth that, unlike a bank checking account, they believe they have actually no potential for overdrawing and triggering hefty overdraft charges.

However the Consumer Financial Protection Bureau simply included limits that are strict those costs beginning in October 2017.

Read more…