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prepaid credit cards are taking off. From $4 billion in 2007 to $8.7 billion in 2008. Especially with the young and college students, this is becoming increasingly popular way as an introduction to plastic. With the new credit card law making it difficult for anyone under 21 to get acredit card without an adult to cosign for him or her, this will become even more of the norm among college students and the young facing debts to be repaid.

Prepaid credit cards.

10/25/2009

Up to $8.7 billion in 2008 and popular for young people.

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Loaded propositions

Washington Post 10/25/2009


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