Noted consumer finance celebrity Suzy Orman has begun "quietly closing" the Approved Card, her prepaid decoupled debit card she marketed as a consumer tool to help rebuild financial health, according to the New York Times.
Bancorp Bank, Orman's partner on the card, sent letters to card holders announcing the cards will expire July 1, the paper reported.
The Approved Card's web site is silent on the change, but a CU Times email requesting comment was returned with an error message that said the address no longer exists. Additionally, Orman's public relations team did not immediately respond to a CU Times request for comment.
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