Prepaid Credit Cards For Those With Bad Credit

Jan. 4, 2013 - PRLog -- A prepaid card is a card that can be used to pay for things when money is loaded on it and can be used to spend up to that amount. A prepaid card is also called a prepaid debit card, or a stored-value card that a consumer can purchase at many stores and online.  Many prepaid cards come with the Visa or MasterCard logo and look just like a credit card.

Prepaid cards are a convenient way to pay for things if a consumer is not carrying cash. A individual will not owe a bill since a consumer is using money they already have. One does not need a bank account to use a prepaid card. A individual does not need a good credit history to use a prepaid card so this card can be a great fit for those with bad credit unable to get a conventional credit card.

A consumer should be aware that many prepaid cards have extremely high fees. One might pay fees when they activate the card, add money to the card, use the card to buy something, find out what the balance is, or how much money they have left along with using an ATM. It is important for a consumer to shop around as they might find many other options with lower fees.

One Company called Bad Credit MD, has some important tips and reviews of the different prepaid cards available to consumers. This information is located at http://www.badcreditmd.com/prepaidcreditcards.html.

Bad Credit MD, is a  free On-line information guide that helps people with credit problems in Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.

Bad Credit MD has been in business helping consumers with bad credit since April of 2007 and is a subsidiary of Enticing Designs Publishing.  The staff has various  backgrounds in the financial and mortgage industry.  This self-help site has over 500 pages of credit advice and articles.  Its staff has researched its information with various governments around the world to provide the most comprehensive and accurate information free of charge.