This week, Suze Orman launched her Approved Card, which is touted as a pre-paid debit card that will help build credit. It comes with lots of fees and won’t actually help build credit.
As a result, there has been a lot of backlash online, and Suze responded by calling a few on my personal finance blogger friends idiots. She since issued an apology, but it’s clear that she is preying on the poor and taking advantage of who she is to make money while not doing what is in the best interest of her readers and followers.
There is even an Occupy Suze twitter account, for those who are interested in following along.
I have been a fan of Suze’s with a few exceptions, so this week I present the blog posts about Suze’s Approved Card, please read them, they are quite juicy and show the fight that happened on Twitter!
Young, Gullible, and Broke: Suze Orman’s Debit Card FAIL via So Over Debt
Suze Orman Releases Prepaid Card. Wait, What? via Beating Broke
Suze Orman’s Approved PrePaid Debit Card: Bad for Consumers! via The Debt Princess
Suze Orman Shows True Colors With Her Approved Prepaid Debit Card via Gen X Finance
Suze Orman Pre-Paid Debit Card: Can We Afford It? #DenySuzeCard via Girls Just Wanna Have Funds
How to Make Your Own Pre-Paid Debit Card – And Suze Orman’s Approved Card via Free From Broke
Suze Orman’s Pre-Paid Debit Card Scam via Lazy Man and Money
Suze Orman’s Card is Not Approved by Me via Thousandaire
I have appeared in these carnivals recently:
Yakezie Carnival at Broke Professionals
Carnival of Financial Camaraderie at Boomer and Echo
Festival of Frugality at Magical Penny
Carnival of Financial Planning at Skilled Investor Blog
Yakezie Carnival at The Ultimate Juggle
Carnival of Financial Camaraderie at My University Money
Totally Money at Help Me to Save
Festival of Frugality at Funny about Money
Canadian Finance Carnival at Canadian Finance Blog