COMMENTARY | Financial planner Suze Orman cannon-balled her way into the prepaid debit card market when she announced the release of the Approved MasterCard,
a prepaid debit card with her name on it. Of course, the card alone was
not the buzz worthy item. What had the media in a tizzy was the
partnership between Orman's new card and credit titan, Transunion.
It seemed as if Orman had found a way to interlink the prepaid market
with the credit industry, leading many onlookers to believe that Orman's
card would help build or rebuild credit. That got me excited because I
was looking for a way for my twin daughters to build credit and Orman's
was a name I knew and trusted. However, my excitement dwindled as I read
the fine print.
The fees
The fees
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