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May 01, 2005

Future Debt In The Cards For Teens

Al Lewis writes for the Denver Post about plastic cards and teens.

Today, 11 percent of teenagers have credit cards in their names, according to a recent nationwide survey by Junior Achievement, a Colorado Springs-based group bringing financial literacy to kids. The group found that 6.2 percent of all 13- and 14-year-olds have plastic in their pockets, too.

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