Credit Card Changes for Teens

Good or Bad, The New Law Makes it Harder for Teens to Obtain Credit

Click on the article above produced by, Generation X Finance to read about the new Credit Card Rules.  The article includes:

"Even though most teens won’t like it, there is a lot of good that will come from these changes. It will now be a lot harder for teens to carelessly rack up substantial debt and ruin their credit at such an early age. I know firsthand how easy it is to get into credit card trouble while in college. Been there and done that! So, now that you’ll need a job that pays enough to afford credit card payments or put your parents on the card with you it’s far less likely that major credit card problems will arise."