Thursday, February 18, 2010

Credit Card Limits for Youth Can Be Opportunity for Parents

By RON LIEBER

If you’re having trouble figuring out how to raise financially responsible children, you’ll be thrilled with this news: Congress is stepping in to help you set some limits.

This month, large parts of the credit card bill that President Obama signed into law in 2009 go into effect. Among them are rules governing credit card use by anyone under 21 years old.   Read more...


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