What is a Pre-Paid Card?
A prepaid credit card is a type of credit card you load money on to, and as you use it, money is drawn from your pre-paid account to pay for the sale.
- You MUST load the pre-paid card to use it, and re-load it when you run out of money on it. Because you are pre-paying, the pre-paid card is easy to get, requiring no credit check.
- Because you are pre-paying, the pre-paid card is easy to get, requiring no credit check.
- Pre-paid cards DO NOT report the credit bureaus (VERY important for building credit).
Many people who qualify do not receive these benefits because they either do not look into them or falsely believe they are not eligible. LOOK INTO THEM!