There has been stories that are many the press on how I’d a ‘victory’ on Capitol Hill with regards to the «Durbin Amendment» that regulates debit cards. A number of these articles, but well intentioned, missed the idea and misstated facts that are key. If there was clearly a success it absolutely was for anyone who’ve been kept from the economic and healthcare systems. We went along to Washington as an advocate for the overlooked and that is underserved speak for all whose sounds aren’t being heard.
Credit is a result of lawmakers for focusing on how programs like my RushCard are serving the underserved by supplying an alternative solution to banks that are big always check cashers and assisting with medical expenses. I will be thankful that lawmakers offered an exemption for several services and products serving the underserved. I really believe it really is a a valuable thing that lawmakers are pushing other prepaid cards to become more like RushCard by giving incentives for features my card currently has вЂ“ like maybe not asking overdraft charges and supplying free ATM deals.