Prepaid accounts

Patrick Fagan

New Prepaid Debit Card Rules Add Protections, Improve Transparency; Take Effect Oct. 2017

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 costly and fee-laden financial products, the agency is releasing the final version of the rules that will kick in a year from now.  [More]