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Articles by Andrew Stewart

Debit Card Issuers Still Prey on People Released from Prisons and Jails: HRDC Lawsuits Challenge Companies in Court

Jails and prisons across the United States have for more than a decade increasingly used prepaid debit cards, or so-called prison release cards, to return personal funds to exiting arrestees and prisoners. Hidden fees are imposed on card users, which reduces the amount of money they get back. For debit card issuers, on the other hand, it’s been a gold mine For the most part, they take money in the form of fees, from the pockets of arrestees, even those who are never formally charged or prosecuted for their alleged crimes.

Three companies dominate the field: Numi Financial, Rapid Financial Solutions, and Miami-based JPay, which is owned by Securus, one of the nation’s largest providers of prison and jail ...