The LATEST
-
- Infographic
- Prepaid Cards Research Project
Infographic: Risky Refunds
What are the risks when consumers receive their tax refund on a prepaid card? The use of general purpose reloadable prepaid cards has grown 600 percent since 2010, and Americans are expected to load over $200 billion on them this year, according to the Mercator Advisory Group. more
-
March 5, 2013
Imperfect Protection
General purpose reloadable prepaid cards have rapidly gained popularity. They allow consumers to direct deposit their paychecks and pay their bills online, just like a checking account. But unlike checking accounts that carry up to $250,000 in mandatory deposit insurance per customer, prepaid cards are not required to carry any at all.
more -
December 3, 2012
Paying for the Holidays
As the holiday shopping season takes off, consumers are turning to a variety of financial management tools. View our slideshow and learn more about Pew’s research on hidden bank fees, the growing use of prepaid debit cards, and the actual duration of payday loans that are marketed as two-week products.
more -
- Infographic
- Prepaid Cards Research Project
Are You Using a Prepaid Card to Buy Holiday Gifts?
Do you know what sort of fees you will pay or what times of consumer protections apply to you?
more -
- Media Coverage
- Safe Small-Dollar Loans Research Project
Pa. Senate panel Hears Testimony About Proposed Payday Lending Law
A controversial bill that would create a friendlier environment for payday lenders to take up residence in Pennsylvania is vying for Senate action this fall. more
