Short-term lender Zebit has launched a „prepaid“ Mastercard with an enormous four-figure APR http://personalbadcreditloans.net/reviews/spotloan-review and is motivating visitors to buy.

The Zebit card claims to be a prepaid credit card it is effortlessly a short-term loan with an intention price of an impressive 2,012per cent.

Like payday lenders, Zebit targets the economically excluded with dismal credit records. All you have to use is really work and a bank-account, and become over 18 years old.

How exactly does it work?

Although Zebit claims to provide a prepaid Mastercard to help individuals without a bank card purchase things online, the key distinction that it’s Zebit that loads the card, not the cardholder between it and other prepaid cards is.Continue reading→