Do you need a prepaid credit card?

In today's credit-based society, it's hard to get by without a major credit card. Just try renting a car or making a purchase online without one and you'll see what I mean.

But for people with past credit problems, they can be very difficult to get. The answer? Prepaid credit cards.

What are prepaid credit cards?

Many lenders now offer prepaid MasterCards and/or prepaid Visa cards. These cards work exactly like a regular credit card. In fact, neither you or the store will be able to tell you're using a prepaid credit card simply by looking at it or using it.

The concept of prepaid credit cards is really very simple. You open an account and "pre-load" the card with cash up-front, similar to a pre-paid calling card. Then you use your prepaid MasterCard or Visa anywhere these cards are accepted.

Advantages of prepaid credit cards:

* They're extremely easy to get. You can purchase a prepaid credit card online or at many local retail stores with no credit check or income requirements.

* All you have to do is fill out a short application, pay a small set-up fee, and load the card with cash (this amount will be your "credit limit").

* There are no interest charges. When you use your prepaid MasterCard or prepaid Visa, you're not borrowing any money. The fact is you're using your own money so you pay no interest!

* Prepaid credit cards can't get you into financial trouble or lead to credit problems, which is probably why you need a prepaid card in the first place. Since you aren't borrowing any money, you can't go into debt.

* You can use them almost anywhere. A prepaid MasterCard or VISA can be used virtually anywhere VISA and MasterCard are accepted.

Disadvantages of prepaid credit cards:

* They're expensive. You'll usually pay a set-up fee (typically $5 - $50) when you first open the account. After that, you'll have to pay a fee of $5 or more each and every time you "load" more money onto the card.

* Compare this to today's regular credit cards which rarely charge a set-up fee or annual fees. Of course, not having to pay interest can help offset these charges a bit.

* You have to have cash up front to load the card before you can make a purchase with it. Of course this can actually be considered an advantage depending upon your perspective.

* Some prepaid credit cards cannot be used to make automatically recurring payments, such as a monthly subscription to an online service.

Conclusion

A prepaid credit card can be an excellent solution if you have had past credit problems or have difficulty getting a regular card for some reason. In fact, a prepaid card might be the only solution!

Get pre-approved in the next 90 seconds! This HomeLand Prepaid Visaź Debit card can be used at any stores both online and retail locations where the Visaź logo is displayed. Rent ars, hotel rooms and get immediate cash at 780,000 ATMs worldwide! NO credit checks, NO turn downs, NO annual fees, NO security deposit.

The HomeLand Prepaid Visaź Debit card offers the cardholders more flexiblity and more control of their spending habits. Below are some of the strong advantages of the card:
* No More Check Cashing Locations.
* Stop losing your Income ($$) to check cashing places.
* Send Money to Friends and Family.
* Toll-Free Phone Support.
* Online and Offline Access.
* Take your card from Job-to-Job.
* Direct Deposit from your Employer.
* Low cost fees.
* Store your Money Safely.
* Easy to Purchase (POS).
* 24/7 ATM Access to Funds.
* No Credit Check or Bank Account Required
* No Security Deposits
* No Employment Verification
* Keep your Money safe - No more need for Money Orders or walking around with cash in your Pocket
* Pay your bills over the phone
* Set up Automatic Bill Payments from your Visaź.
* Eliminate check-writing hassles
* Avoid late-payment fees
* Save postage costs and time
* The cardholder may only withdraw funds or make purchases up to the balance on the card.
* You cannot overdraft the account. There are no late fees or interest charges.
* 24 X 7 On-Line Account Access
* Multiple Options to place money onto your Visaź Prepaid Cash Card
* Unlike traditional credit cards, the Visaź Prepaid Cash Card does not extend you credit. Instead, accounts are prepaid for a specific amount while still being backed by Visaź for universal acceptance. There is no line of credit and accounts are only good for the balance applied.

HomeLand Prepaid Visa® Debit card