they should not have a credit card because thay can get in to over $42,000 debt
Ain't nobody got money for that
80% of people in their late teens and early twentys own credit cards.
pebles
78%
teens shouldnt use pacifiers unless they are braindead
It is not recommended for teenagers to have credit cards as it would be more ideal to wait until they are more mature. Teenagers can apply for credit cards but are often declined due to low income.
Yes, but only give it to them if they are responsible or you will have money issues. :)
Benefits include teaching kids how to use money and credit responsibly. It is also gives them more freedom when purchasing items out and about.
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Prepaid credit cards can be used to teach them some responsibility and get them ready for life as an adult; an obvious benefit is that they cannot go over the limit on a prepaid card. However, it would be wise to monitor their purchases with the cards to make sure they're being responsible.
Bank Of America offers many different credit cards. It offers cash rewards credit cards, points rewards credit cards, travel and airline rewards credit cards, lower interest rate credit cards, and build or rebuild credit cards.
People who misuse credit cards are charged for misusing credit cards.
Airline credit cards are credit cards issued by airlines. They have no real benefits over regular credit cards, apart from the fact that you can collect Air Miles with them.