When you can’t trust your own spending
There has been a large influx of companies offering the prepaid virtual credit cards and until recently I was unaware of exactly what it was. As soon as I saw the words credit card, I stopped paying attention and that was just about the end of it. It wasn’t until I was having a chat with my friend and he mentioned that he had one, that I actually realised that it was not a ‘credit card'as such as there was actually no credit involved in the whole thing. You put your own money into the account; spend it, and then when it runs out, well….. it runs out. That’s about it. You cannot overspend or go into your overdraught or anything like that because these services are not part of the account. This means that you can not get into unwanted debt or spend someone else’s money.
