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Teens Banking on Their Parents' Credit Cards

Tags » Cards For Teens, Credit Cards  » Comments (0)

Melissa Dahl writes for the Sacramento Bee about teens and credit cards - and the responsibility for using cards appropriately.

Thirty-one percent of 18-and 19-year-olds have a credit card in their own name, and 68 percent of teens report having never discussed responsible credit card use with a family member, according to Credit Abuse Resistance Education. (Younger teens are harder to track, since their parents have co-signed for the card.)

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