Personal finance guru Suze Orman speaks during a ?Taking power back from banks for consumers, and the fight against poverty? event January 12, 2012 at the National Press Club in Washington, DC. Orman, along with Princeton University Professor Dr. Cornel West and talk show host, author and liberal political commentator Tavis Smiley, spoke about Orman's ?People First? movement on behalf of consumers to fight banks and their fees. Those fees hit the poorest Americans hardest and their efforts to restore the nation?s prosperity as more and more Americans slip into poverty and unemployment. AFP PHOTO/Karen BLEIER (Photo credit should read KAREN BLEIER/AFP/Getty Images)
Orman on defense (Image: Getty)
In a recent interview with Shartia Brantley of theGrio.com and CNBC, financial guru Suze Orman defended her “Approved Prepaid Mastercard,” one that she has called a “game changer.” Endorsers from Kim Kardashian to Lil’ Wayne to Russell Simmons have all taken heat in the past for endorsing prepaid cards and targeting the less than “creditworthy” community. As Brantley writes, “launching a prepaid debit card that bears her name has brought an onslaught of criticism for Ms. Orman. Critics say she is held to a higher standard than other celebrities who have endorsed or placed prepaid debit and credit cards on the market.”
See Orman’s video with theGrio.com below as she discusses why she launched The Approved card and responds to her critics.