Tagged: Consumer Financial Protection Bureau

Politics & Government
6:10 am
Thu May 24, 2012

Federal Agency Looking At Prepaid Cards

A federal agency is looking to better regulate prepaid cards. The Consumer Financial Protection Bureau held a meeting in Durham yesterday.

Gurnal Scott: The CFSB says people who put money on prepaid cards don't know about charges to withdraw money or even get information on their accounts. The cards aren't attached to any bank. Durham resident Amy Matthews found out after trying to get to the money she put on a card.

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