- Centurion Member
- Posts: 538
- Joined: Fri Mar 09, 2012 9:29 am
- Location: San Francisco, CA
pre-paid card isn't issuing credit and therefore is not on your credit report and doesn't build credit history. There is some talk about including payments like rent etc. including potentially pre-paid cards in something called expanded FICO score.
But it is early and it will be a decade if it ever happens before this stuff is taken into account.
Most likely if it ever happens, they would use this expanded fico score to move people into the credit world, i.e. use this score to help give credit cards to people who don't have access today.
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