Suspect wanted for alleged fraudulent credit card use
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Suspect wanted for alleged fraudulent credit card use – The Daily Californian

Friday, January 20, 2012

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Approved Card is a decent first step in using plastic
News from Kansas City Star:

By STEVE ROSEN

The Kansas City Star

The Kansas City Star

Updated: 2012-01-20T16:16:48Z

Attention parents: Personal finance guru Suze Orman is promoting a new product that could help teenagers ease into the treacherous world of plastic.

The author and television commentator calls her credit card alternative the Approved Card.It’s actually a prepaid card, which is similar to a debit card except you don’t need a bank account or a spotless credit record.Prepaid cards in general are simple to use. You can load money onto them and add cash when you’re running low. You can also make ATM withdrawals and deposits. However, these cards typically come with high fees. Orman is the latest celebrity to endorse and market a prepaid card. “Start your kids on the right track,” says Orman in her promotional materials. “Teach them to handle money responsibly.”To that extent, her product is way better than, say, the Kardashian sisters’ prepaid plastic that quickly bombed and was pulled last year after public outcry over its fees.The Approved Card has some appealing features for teens and college students. It has lower fees than…………… continues on Kansas City Star

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