Credit Card Companies Target Kids
In a follow up to Young People Taking on More Debt there is a story on National Public Radio that covers how the creadit card companies are actively targeting kids.
(NPR) Host Jennifer Ludden looks at how the credit card industry markets to teenagers. Legally, banks may not issue credit cards to minors, but solicitations for cards often go out to kids under 18. It seems the card issuers are counting on parents to bail their kids out when they overcharge.
You can listen to program on npr.org
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