TD Bank’s new prepaid card is aimed at helping parents teach their teenagers how to spend money wisely, albeit in a way that offers a sturdy safety net. “The development of smart spending habits is a journey and many parents want to offer teens a gradual path to increasing fiscal freedom,” says Tami Farrow, Senior Vice President and head of retail deposit payments for TD Bank. “With the launch of the TD Go Card, TD Bank is offering parents a convenient and safe environment to get money to their teens and an easy way to monitor spending.”
Author: Curtis Arnold
Charity Prepaid Cards aka NonProfit Affinity Debit Cards – Expert Reviews
Welcome to our site! Our editors have been covering the credit and debit card space for a total of 30+ years and we are proud to have been featured by the Wall Street Journal, CNN, etc. Your input is invaluable and we’d love to have your opinion as to whether a charity debit card that… Continue reading Charity Prepaid Cards aka NonProfit Affinity Debit Cards – Expert Reviews
Consumer Alert! New Credit Card Scam: Stealing Security Codes
This is a new credit card scam everyone needs to be watching out for. If you get a call from someone claiming to be from your bank, here’s what to do: If a caller claims to be from your card issuer’s fraud-prevention department, ask for the caller’s name and/or employee ID, hang up, then call… Continue reading Consumer Alert! New Credit Card Scam: Stealing Security Codes
One-third of Americans in Debt and Facing Collection
Have a few blemishes on your credit report? You’re not alone. According to a new study from the Urban Institute, over one-third of Americans had debt in collections in 2013. The debts averaged $5,178 and include debt like medical bills, credit card balances, student loans, parking tickets and utility bills. In a very real sense,… Continue reading One-third of Americans in Debt and Facing Collection
JPMorgan Launches Financial Solutions Lab
American Express just got a little competition in its efforts to appeal to those living outside the financial mainstream. On May 29th, banking giant JPMorgan Chase & Co. announced that it has committed to invest $30 million to create the Financial Solutions Lab. A collaboration with the Center for Financial Services Innovation, the new Financial… Continue reading JPMorgan Launches Financial Solutions Lab
11 Ways to Raise Your Credit Score, Fast
While crash diets don’t usually work and can be unhealthy, it is possible to change your credit score fairly quickly. But just as with weight loss, “quickly” is a relative term. Seeing any improvement could take 30 to 60 days, according to Liz Weston, personal finance columnist and author of “Your Credit Score, Your Money & What’s At Stake.”