Wednesday, June 24, 2009

Consumer advocates urging government to take stand on prepaid card guidelines

According to the Dow Jones Newswire, the new law recently signed by Obama does not protect prepaid card holders. Consumer advocates are encouraging the Federal Reserve to strengthen their guidelines around prepaid cards. Currently, there is nothing holding prepaid card issuers from fraud or loosing their funds. Read the full article here.



Share this article with your social network, just click below to share now!


No comments: