CreditNowUSA believes that “its own varied selection of credit and prepaid cards can improve the chances for anyone to get a credit cards. Understanding the importance of being able to make good buying decisions, as well as tracking what you spend is key to why we offer our varied selectoin of credit and prepaid cards.. This is very important for people with bad credit, poor spending habits, or not much experience with financial responsibilities. Typically, credit cards are easily abused. It’s quite common for people to think they are getting free money, or they don’t really know the best ways to use a card. Just because you haven’t met your limit doesn’t mean you should. To make good use of your card, you want to put your bills through it, and then pay off the balance with your income. In this way, you can avoid interest rate fees while building your credit. Sometimes, it’s better to learn good spending habits without the risk of borrowing money. Prepaid cards are a good way to do this. Normally, prepaid cards have a limit of money that you fund directly into them. If you run out of your carefully budgeted prepaid card money, then you are unable to harm yourself financially. On top of that, you can sign into your account online to track what you’ve been spending your money on. This is great for people who are starting out learning financial responsibility.”
Credit cards and prepaid cards are both valid, yet different, ways to buy goods & services. Credit cards and prepaid cards can both be used to make online purchases, they can be used in other countries, and costumers can track their spending with them online. As you can see, both types of cards are used in much the same way, but that’s where the similarities end.