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I couldn't have put it better myself - very clear and concise explanation Sadly, not everyone is able to manage their credit cards and quickly slip into a vicious cycle of debts.With debit cards, you spend your own money, plain and simple.
And with credit cards, you borrow from a lender who wants to charge you interest.
I have heard about preapproved credit cards but had not heard of prepaid credit cards or prepaid debit cards? If anyone can help me it will be very helpful.
A prepaid debit or credit card is an electronic card used for withdrawals and also online transactions, after spending limit of the total amount pre deposited in itI have heard about preapproved credit cards but had not heard of prepaid credit cards or prepaid debit cards? If anyone can help me it will be very helpful.
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