A new information service is now available from Quasar Capital Advisors. The service provides information about prepaid credit cards. A consumer may purchase a prepaid credit card from such retailing powerhouses as Walmart or Walgreen’s. Prepaid credit cards are not new, but due to the challenging financial environment, prepaid credit cards are gaining momentum.

TheCardLine.com provides information which has not been easily available in a single information service. According to Lance Hailstorm, Quasar Capital Advisors:

We wanted to provide a single point of access for important news and information about the prepaid credit sector. We have made an attempt to pinpoint certain financial and government documents which can be difficult to locate using a traditional search and retrieval system. We also have an interest in reporting new developments and offering a critical comment about the prepaid industry. Our firm can provide financial and business advice to organizations looking to explore prepaid credit as a new revenue stream or to cost reduction initiatives.

In my conversation with Mr. Hailstorm, I learned three additional things about the new service:

1. The company will be making public comments a part of the service. The idea is to allow an open discussion of the information presented in the service.
2. The company will complement its RSS feed and Twitter stream with both Facebook and Google+ services in the near future.
3. Readers contributions are invited. Submit your ideas for articles via the form available at this link.

The information for the service is provided by Augmentext.com, a services firm owned by Stephen E Arnold.