Netspend's 'illegal practices' hit NYers with 300% interest on prepaid cards, AG's office says
The settlement requires Netspend to reimburse $735,000 to New York customers and pay a penalty of more than $350,000.
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New York Scraps Pre-Paid Debit Cards for Migrants
New York City Hall has announced the termination of its prepaid debit card program for migrants ... mixed responses from local advocates, community leaders and migrant aid groups.
NYC spending $53M on migrant prepaid debit cards with 1 in 4 kids living in poverty
A new study has revealed that 2 million New York City residents are living in poverty, including one in four children, as $53 million is being spent on asylum seeker credit cards.