What is an ideal credit card in your opinion? Perhaps the one that charges less interest and fewer fees, gives more funds and the feeling of safety. Well you know which side your bread is buttered on, but it is not that easy to find such a deal on the current market. Unless it comes to prepaid cards.
Prepaid credit cards could see their popularity grow by leaps and bounds, which is due to a number of reasons. First, the stressed economy and credit crunch encourage consumers to cut credit card spending and rely more on cash and other sources of funds. Second, prepaid cards are rather easy to get as they do not require the applicant to open a checking … (more) February 17, 2009

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The days for easy credit lines such as those issued to subprime borrowers have long been gone. Now the bank expects you to have built a solid payment history or charges you outrageous rates and fees to make up for the non-payment risk. But there is still a loophole for underbanked individuals to get a plastic card relatively easily and use it to borrow money. It is the additional cardholder (authorized user or secondary card holder) who gets lawful access to credit account funds even if there is no score in his/her name, no job or decent income. Traditionally requested by parents for their children’s personal use and credit education, additional credit cards could be an easy source of funds … (more) February 10, 2009

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