Personal finance expert, Suze Orman, stopped by the AOL Studios in New York yesterday to sit down for an interview with Arianna Huffington. Sharing stories from her childhood, including her struggles with a speech impediment, Orman also unveiled a new pre-paid debit card that she hopes will turn the credit-scoring system upside down.
Laura Rowley covered the interview for HuffPost 50:
To learn more about Orman's new pre-paid debit card, click here and read the full article.
"My job is to educate American and give them the tools they need so they finally have a highway out of poverty," Orman said.
"Middle-class Americans...don't want a credit card in their wallet because don't want ability to get themselves into trouble again," she said. "The problem with that is if you spend money on debit or cash, it doesn't report to the credit bureaus so it doesn't give you a FICO score."
"I wanted to create (a scenario) where people who pay with debit and cash are rewarded," Orman said.