Celeb-backed prepaid credit cards raise concerns

12/21/2010 | Daily News (New York)

Analysts and other industry observers expect that celebrity-endorsed, prepaid credit cards will become increasingly popular as they don't require a credit check and typically do not have an age requirement. Some consumer advocates have raised concerns about the cards, which aren't covered by the same laws that govern credit and debit cards. Industry insiders say the cards are beneficial for certain consumers.

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