WINNERSLOSERSUsers of prepaid debit cards17 of 19Baker says stored-value cards such as prepaid debit cards got a pass from the Consumer Financial Protection Bureau, which means they won't face the same kind of regulatory scrutiny that conventional debit cards and credit cards will.« Back to Financial Regulation. Related Articles:Fed's monetary policy toolboxHelp for mortgage borrowers?Financial meltdown: Credit cardsHow safe is your bank?Related Links:Types of banking institutionsSafe places for cashHow the economy affects youCommon mistakes in a bad economy advertisement
Baker says stored-value cards such as prepaid debit cards got a pass from the Consumer Financial Protection Bureau, which means they won't face the same kind of regulatory scrutiny that conventional debit cards and credit cards will.
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