Kane In Your Corner podcast: Consumer Alert on prepaid cards - listen here
Thousands of consumers complain each year about the high fees and prepaid cards that get frozen, leaving them without access to their own funds. Some consumer advocates say the government should do more to regulate the industry.
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Oct 25, 2019, 4:50 PM
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Updated 2,022 days ago
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Prepaid cards are becoming a popular choice for consumers, including online shoppers concerned about identity theft and parents looking for a way to fund kids in high school and college. But thousands of consumers complain each year about the high fees and cards that get frozen, leaving them without access to their own funds. Some consumer advocates say the government should do more to regulate the industry.
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