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 Prepaid Credit Card - Bad Credit Solutions If you are unable to get regular credit card, but still need to be able to make hotel reservations, car rentals, and airline flights, then a prepaid credit card may be right for you. Having bad credit doesn't mean you can't have a credit card.  Here's how a prepaid credit
card works. It works much like a checking account in that you make a deposit
into an account. Once the money is in your account, your card will work
identically to a regular credit card. The only difference is that you can only
charge up to the amount of money you actually have in your account. In this
respect, it's a lot like a debit card where the money comes directly out of a
checking or savings account. With a prepaid credit card there are no overlimit fees and there are not late fees since the card simply doesn't allow you to spend money you don't have. You can't be late in paying your bill since you only use money that is in your account. There is usually a small fee to get the card, and there will be a small fee when you deposit money in your account, but if you've ever been hit with late fees, interest charges, and overlimit fees, then the fees that you will be charged for a prepaid Visa or Mastercard will pale in comparison. And the benefit is you never have to worry about when your credit card payment is due. This can be a great card to have for students or for people with poor money management skills since you can't spend more than you have but you still get the same benefits as you would with a regular credit card. Ready To Get Your Prepaid Card? - We Recommend The Green Dot Card
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