According to a recent Experian-Gallop poll, 31 percent of Americans are having trouble making ends meet, and 49 percent of American consumers don’t pay their credit card balance in full at the end of the month. Many hard-working, middle-class Americans are struggling with their finances, and credit card debt is playing no small part in the decline of the American standard of living. One smart way to avoid credit card debt and credit card interest charges: use prepaid credit cards, also known as prepaid debit cards or stored value cards.

Prepaid cards work the same way traditional credit cards do and can be used to pay for all manner of goods and services at virtually any place that accepts regular credit cards. The main difference between a prepaid card and a regular credit card is that with a prepaid card you need to fund the account before making purchases. And since you don’t work with a credit line with prepaid cards, they are ideal for people who want to enjoy the benefits of owning a Visa

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