Celebrity Gossip

Now Prepaid Debit Card is the hottest topic in the world, everyone talk about this. Just look for the video:

The latest “big news” to hit the personal finance blogosphere is the release of Suze Orman’s Approved prepaid debit card. Suze Orman is one of the most well-known personal finance gurus out there, dispensing no-nonsense advice to millions. She has already been connected with products ….
For quite awhile I have recommended books by Suze Orman and (when I had cable) I watched her show regularly. I lost a bit of faith in her awhile back when I found out that she was being paid to promote the FICO score. I have lost every single bit of respect I had for Suze Orman on Tuesday. Tuesday saw the announcement of a new product being offered by Orman. She is now promoting The Approved Card, a prepaid debit card. This product, in my opinion is not beneficial to consumers. It is full of fees that rob consumers of valuable dollars. (Admittedly she does offer suggestions on how to avoid some of the fees) An example of the fees in addition to the $3 monthly maintenance fee: “The Monthly Account Maintenance Fee of your Approved Card is $3.00. The first monthand#226;and#128;and#153;s fee is waived when you purchase your Approved Card for $3.00. The Monthly Account Maintenance Fee is charged to your Card Account each month on the anniversary of the date your first load of the Card.” “If you do not sign up for Direct Deposit and make a qualifying deposit or Bank Transfer you will be charged … .
There is no reason to use a prepaid debit card when free checking is still available. While free checking is becoming a little rarer, it hasn’t completely died yet. In fact, it’s possible to find plenty of free checking opportunities, if you just look around a little bit. Because of this, there is absolutely no…No related posts..
The Kardashians trying to make a quick buck by offering a debit card to their adoring fans makes sense. Even Gene Simmons offering an old school rock and roll signature debit card isnand#226;and#128;and#153;t much of a story but when somebody like Suze Orman does it, that turns heads. And it has. Some would say that … Why Suze Orman’s Approved Prepaid Debit Card is Terrible from personal finance blog Bargaineering.com..
I got an email from my friend Kosmo at The Soap Boxers on Monday morning about Suze Orman creating a line of pre-paid debit cards. His exact words, “$36/year just to access your own money?” That was kind of rhetorical question. The point he was trying to make was clear – it’s not the typical … Related posts:Best Credit Card for Foreign Travel? (Ask the Readers) Last week, I mentioned how my wife and I are…Free Credit Scores from Credit Karma – No Scam Credit Karma is no scam If you are looking for…Shell Credit Card Saves You 30 Cents a Gallon! Wow how time flies… it was nearly three years ago…Shell Credit Card – a Good Deal? I was at the local Shell station yesterday and an…Chase Sapphire Preferred Card Gives You 17% Cash Back? A tipster emailed me and told me there’s a hot….
Suze Orman, personal finance “extraordinare” has recently debuted a prepaid debit card called The Approved Prepaid MasterCard. Personal finance bloggers, including myself, were a littleand#194;and#160;perturbed. Other celebrities including Russell Simmons and the Kardashians have been criticized for making a buck off of lower and middle class with these cards, so we didn’t quite understand why … .

Source:
http://makespendsaveinvest.com/2012/01/is-suze-ormans-approved-prepaid-debit-card-right-for-you/
http://www.thedebtprincess.com/2012/01/11/suze-ormans-approved-prepaid-debit-card-bad-for-consumers/
http://plantingmoneyseeds.com/even-if-suze-ormans-name-is-on-the-card-prepaid-debit-sucks/
http://www.bargaineering.com/articles/suze-ormans-approved-prepaid-debit-card-terrible.html
http://www.lazymanandmoney.com/suze-ormans-pre-paid-debit-card-scam/
http://20andengaged.com/suze-orman-approved-card-denied