Visa Buxx or Prepaid Credit Card?? Plese Help!?

Question

Hi, I am 14 and want a visa buxx card or prepaid credit card. What should i get??? Should i get the buxx where i can reload it or just a prepaid credit card where i would have to get another one when it ran out? The plus side to the buxx is when my parents want to give me money they can put it on the card for me! Which card is best?

Answer 1

go shoplift it

Answer 2

I've researched these prepaid debit cards a lot.  There are number of them, all charging a lot of fees with exception to one - Bank Freedom prepaid Mastercard http://www.bankfreedom.com

They have no activation fee (more others have $10) and the card is free of monthly service cost with direct deposit.  It works anywhere Mastercard works.  I have one and no problems.  

These are not credit cards - they work like a bank account.  Bank Freedom allows teenages to age 13.  

Hope this helps.

RC

Answer 3

Credit card debt is a real serious problem.  I would be very careful about going for a credit card consolidation loan as the temptation is to keep using your credit cards after you have the loan.

I would strongly recommend getting rid of all your credit cards completely and not to get any more.  Then look at a credit card consolidation loan or pay them off a bit at a time.

I've found credit card companies are usually reasonable and if you contact them and explain you are having difficulties you can get them to freeze interest and accept a fixed amount every month to repay the loan.