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"Payment protection on credit cards used by teenagers is a protection less for them than for those financially responsible for them. If the desire is to create financial independence and responsibility, payment protection is not likely to encourage a new credit card user to think through his or her purchases. If the desire is simply to provide them an easy form of payment with less risk than cash, then certainly, payment protection can be a good option."

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Q: Do teenagers need payment protection on credit cards?
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