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Use Pre-Paid Cards for Auto Purchase


Consumers with a new car can use
pre-paid cards to budget spending
to help pay down the auto loan quickly.

  • budget your monthly spending amounts
  • avoid interest rate charges
  • avoid getting into more debt
  • limit spending by the amount you load
  • use where credit cards are accepted
  • use the card to build your credit history

 

User gets a prepaid card for themself or other family member (approval guaranteed). User adds spending money to the card.
 
Family members use the card to buy food, supplies, gas, services, etc., at any merchant that accepts MC/VISA cards.
 
User can monitor the
pre-paid account electronically for budgeting purposes.
 
User or other can reload the card with additional spending funds as needed.
 
Using pre-paid credit cards are easier than checks. They help control spending so that savings earned by budgeting can be applied to pay down your debts.
 
Pre-paid cards can be given to spouses, children and others. The cards can be tied to a budgeting amount that limits spending.
 

 

Money Card for Auto Purchase:

PrePaid Cards

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Category
Intro APR
Time Period
APR Purchases
Annual Fee

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PRe-PAID CARDS