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2007-06-08 13:56:55 · 3 answers · asked by shermynewstart 7 in Business & Finance Personal Finance

3 answers

Normally yes, but you will need enough on it to cover the security deposit too.

2007-06-08 14:03:45 · answer #1 · answered by Scott C 2 · 0 0

Yes.
With a bit of dilligent shopping and comparision of various prepaid credit card offers, it is not difficult to find a prepaid card with no annual fees, no late payment fees, no repayments, and no penalties whatsoever. So, the ownership costs of a prepaid card can be negligible.

With prepaid cards it is very easy to promote financial discipline. Since you can only spend what you have, there is no overspending, and hence no debts.

Some prepaid cards do report their use to major credit bureaus and hence are a good instrument to rebuild credit history. read more from: http://www.credit-card-gallery.com/prepaid_credit_card.html

2007-06-08 20:09:37 · answer #2 · answered by grierGRIER h 3 · 0 0

Why not?

2007-06-08 14:05:59 · answer #3 · answered by &5678 2 · 0 0

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