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Comment on CFPB-2012-0019-0001

Document ID: CFPB-2012-0019-0002
Document Type: Public Submission
Agency: Consumer Financial Protection Bureau
Received Date: May 24 2012, at 12:00 AM Eastern Daylight Time
Date Posted: May 28 2012, at 12:00 AM Eastern Standard Time
Comment Start Date: May 24 2012, at 12:00 AM Eastern Standard Time
Comment Due Date: July 23 2012, at 11:59 PM Eastern Standard Time
Tracking Number: 8101c1fb
View Document:  View as format xml

This is comment on Proposed Rule

Electronic Fund Transfers

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People do not for the most part understand the fees attached to prepaid cards and what it costs in value of care to 'activate' it..it eats up alot of their available dollars just to use it. Is there a per transaction fee as well per usage... and build a credit rating with it? if you're using a prepaid card for things, that tells everyone right there your credit is no good and this is the only way you can have something that resembles a credit card/it wont help build your 'future' rating.

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