According to a research conducted by the Federal Reserve, Americans are getting into approximately $900 billion credit card debt. Most of the card holder is middle age householders. Surprisingly, some card holder is teenagers. Some people would say that, the usage of credit card makes teenagers to be more responsible with their credit and money. It is a good way to teach them responsibility. When they grow up, they will be more mature in the financial aspect. Well, on the other hand, some people would say that it is very dangerous for the teens to use credit card. The major reason for this is that the teens can not use the credit card properly. They …

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Teenagers and credit card

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