TITLE

This Season's Holiday Card? Some Saying It's Prepaid

PUB. DATE
December 2011
SOURCE
Credit Union Journal;12/5/2011, Vol. 15 Issue 47, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information on prepaid holiday cards being issued by credit unions (CUs) in the U.S. during 2011. Jeff Russell, senior advisor for Members Group Inc., says that prepaid cards offer benefits, such as spending control, overdraft avoidance, and spending capacity to consumers who could not get a debit or credit card. According to Mercator Advisory Group Inc., the amount of money loaded onto prepaid cards is expected to be more than double during the next four years.
ACCESSION #
69618647

 

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