If you’re thinking about finding a prepaid debit card as an alternative to a checking account, don’t grab the first card offer you find. Many prepaid cards have no protection if the card is lost or stolen. Also, they are very lightly regulated and can carry a long list of fees. But, if you shop around, and read the fine print, you can find the right prepaid card for you.
Today’s guest is Brenda Procter, personal financial planning specialist for University of Missouri Extension