Can I use prepaid cards or debit cards to help build my credit?
Can I use prepaid cards or debit cards to help build my credit? Credit Cards by John Ulzheimer Share Share Email If you want to build credit, prepaid cards or debit cards are not the solution. The key reason is that they don’t report information to the three major credit bureaus, which are Equifax, Experian […]
Why Isn’t My Prepaid Debit Card On My Credit Report?
Why Isn’t My Prepaid Debit Card On My Credit Report? Credit Cards by John Ulzheimer Share Share Email Prepaid debit cards have been all over the consumer finance news for the past year. They are becoming a more popular choice for consumers who don’t want or can’t get credit cards or traditional bank accounts. The […]
Are Debit Cards and Prepaid Debit Cards the Same Thing?
Are Debit Cards and Prepaid Debit Cards the Same Thing? Credit Cards by John Ulzheimer Share Share Email The prepaid debit card industry continues to do a masterful job convincing people that their product is a better option than a credit card or a well managed checking or savings account with a bank or credit […]
Here’s Why You Should Never Use A Debit Card When Traveling
Here’s Why You Should Never Use A Debit Card When Traveling Credit Cards by John Ulzheimer Share Share Email “John, I know you like credit cards more than you like debit cards. I don’t agree with you but that’s another argument for another day. You also talk about how it’s not smart to use a […]
Are reloadable prepaid debit cards or debit cards reported on my credit report?
Are reloadable prepaid debit cards or debit cards reported on my credit report? Credit Cards by John Ulzheimer Share Share Email I received the following question from a follower last week. It has to do with why some of her cards are not appearing on her credit reports. Read on…
FICO Study on Credit and Debit Card Fraud
FICO Study on Credit and Debit Card Fraud Credit Monitoring by John Ulzheimer Share Share Email FICO, the company that invented the credit score, recently conducted research on debit and credit card fraud in the U.S. The research was conducted from January 2010 to September 2011 and included hundreds of millions of active credit and […]