Alert March 20, 2012

FDIC Issues Guide for Consumers on Credit, Debit and Prepaid Cards

The FDIC issued a guide to help consumers understand the differences between debit, credit and prepaid cards. The guide provides information on the type of protections available to consumers for each type of card, including the required disclosures, and notice of a change in terms and interest rate and fee limits.  Click here for a link to the guide.