College Students Out Highschoolers In
April 23, 2006
Credit card companies have been dishing out their plastic to college students for years. Their young and sometimes stupid and careless with money and looked upon as easy pickings when it comes to interest rates and other such terms they know nothing about.
Now it seems that these caring companies are going after an even younger crowd. Highschoolers. Eighteen year old high school students are having credit cards before they even graduate and the number is increasing. The biggest problem is in the past students needed a parent to sign on the dotted line, but that has long since been tossed by credit card companies.
A survery shows that one third of highschool seniors are already using credit cards but the real disturbing news came from an even younger age. Kids only 13 to 14 years old are also on the rise when it comes to having credit cards. Experts say most kids and teens are fine until they get to college. That is where everything usually spirals out of control for way to many of those young adults.
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