If you have bad credit, it's harder for you to qualify for an unsecured loan from banks or credit unions. (debtfirms.com)
Another downside is that some businesses that accept automatic payments from banks or credit card accounts will not accept them from prepaid cards. (stlouisfed.org)
People who took out $ 300 loans for five months from banks or credit unions paid about $ 13 in fees. (debt.org)