In 2015, Americans loaded over $76 billion onto prepaid debit cards, using them to receive deposits, make purchases and pay bills. Prepaid debit cards —also called general purpose reloadable (GPR) ...

The number of prepaid debit cards has spiked in recent years, offering consumers a new tool for handling their finances. But like checking accounts, prepaid cards can also bear many types of fees -- ...

The Center for American Progress responds to the 2011 National Survey of Unbanked and Underbanked Households. Signs for American Express, MasterCard, and Visa credit cards are shown on a New York ...

What are prepaid debit cards? A prepaid debit card is a card that has a specific amount of money pre-loaded onto it. You can then use the card to make purchases as you would with a debit card attached ...

Two years after the Consumer Financial Protection Bureau first proposed rules aimed at making prepaid cards safer and less costly for the 24 million unbanked consumers who make use of these sometimes ...

Unless you’re a whiz at managing your money, a checking account is going to cost you more than a prepaid debit card, a new report concludes. And if you do a really poor job handling your personal ...

The Office of Federal Student Aid — the arm of the Education Department that oversees more than $1.3 trillion in student loans — said it expected to introduce the pilot program in the spring. As many ...

A comparison between checking-account offerings from top issuers and popular reloadable prepaid debit cards suggests that in some cases the cards are a better value, new research suggests. Processing ...

Why is Christian Science in our name? Our name is about honesty. The Monitor is owned by The First Church of Christ, Scientist, and we’ve always been transparent about that. The church publishes the ...