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How does my prepaid card differ from a traditional credit card?

April 26, 2017card credit card differ prepaid traditional

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How does my prepaid card differ from a traditional credit card?

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A credit card is a financial borrowing/payment instrument issued based upon the credit limits of the cardholder. Repayment terms include interest on a monthly basis. A prepaid card has dollars placed onto it and can be used until the funds are exhausted or the card expires.