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Fees decline on prepaid credit cards says Consumer Reports

Fees decline on prepaid credit cards says Consumer Reports
Posted at 11:53 AM, Mar 29, 2012
and last updated 2012-03-29 13:53:38-04

A Consumer Reports investigation shows that the fees for prepaid credit cards are starting to drop.

The Federal Reserve has found that prepaid cards are the fastest growing non-cash method of payment.

Elena Chavez, from Consumer Reports, speaks with Good Day Utah about what this means for consumers.