But what could be worse than NO credit score? How about a BAD credit score! YIKES!!!
So, if you're in either of these situations, or looking for ways to avoid the latter, let me introduce you to a company I recently came across: Card.com.
Card.com is a pre-paid debit card that does not run a credit check (but government regulations do require a social security number), has no overdraft or late fees, no check cashing fees, and you can use it anywhere that accepts Visa or Mastercard. They have thousands of designs to choose from, picking just one is REALLY hard - you have been warned!! ^_^ Here are just a few examples:
I see Card.com as being awesome for your kids - just throw whatever amount of money you deem appropriate on their card, monitor their spending, let the grandparents access the account and add money for birthdays, etc! How great!! Safer than cash, and safer then giving them your $10,000 limit credit card!!
It's also great for someone not keen on banks. You can set up direct deposit for your salary to go directly onto the card! Set up a direct deposit of at least $800 a month and your $5.95 monthly fee is waived. Yay! You can also transfer funds from PayPal, your bank, and even get your federal tax refunds deposited in there!
It's also great for bacon lovers, apparently...
- This is a debit card, like the one from your bank, and you can use it EVERYWHERE Visa is accepted -- except it's way cooler and cuter than your crumby old bank card
- Free to order, activate and load
- Free app and check deposits from your smartphone
- Free direct deposit
- Free card-to-card transfers, any time, anywhere, in seconds
- No overdraft fees -- never goes negative!
- Safer than cash - 24/7 support, Visa fraud protection and 100% FDIC insurance on funds
- No debt, financially responsible, no interest/credit/APRs
- No credit check and approval in seconds
- 22,000 in-network ATMs
- Thousands of cool, unique card designs to choose from, including brands like: Garfield, Popeye, Betty Paige, James Dean, Care Bears, Walking Dead, Star Trek, Autism Awareness, Breast Cancer Research, Shark Week, Where's Waldo, Doodle Jump, THree Stooges, Nancy Drew, etc.