What is a prepaid debit card and how does it work?

Prepaid debit cards open up a world of options, allowing you to buy things online, pay bills through web portals, and budget more effectively for things you need every day.

Although you can live without a prepaid debit card, having one could simplify your life and ease many financial transactions, reports Freedom Debt Relief.

Key Takeaways: • Prepaid debit cards help you control spending and prevent debt. You can only spend money you’ve already loaded onto the card. This makes them particularly useful for budgeting and helping you avoid overspending. • No credit check, no credit benefit. Prepaid debit cards don’t require a credit check, and using one won’t affect your credit score. • Prepaid debit card fees vary widely. Virtually

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