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RSS FeedShould teens have credit cards?
Results so far:
| Yes | 24% | 269 votes | Total: 1102 votes | |
| No | 76% | 833 votes |
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1 of 61
by Keen Johns
Firstly, let's take a minute to look at the advantages of owning a credit card. 1. Credit cards can be the Saviour in times of dire need, as an aid to securing instant financ...read more
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2 of 61
I was given a credit card by my parents at the age of 17. It had a $500 credit limit and the bills were sent directly to my parents so they could track my purchases. They paid...read more
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3 of 61
by BuildWith
By permitting teenagers to have credit cards it starts the learning cycle very young, which is viewed as both positive and negative. Credit cards allow these young people to exp...read more
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4 of 61
by Toni Doswell
Teenagers who are working should have the opportunity to have credit card because they can pay for it. Allowing teens to run up a credit card with no responsibility on their ...read more
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5 of 61
After much deliberation, I had to decide, yes, teens SHOULD have credit cards. Used correctly, credit cards can afford your teen security in your absence, as well as teaching r...read more
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6 of 61
Credit cards are a quick means of accessing a small amount of credit at the cost of a high interest rate. Although the ease of obtaining credit cards helps individuals establis...read more
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by T.C Leonard
With some reservation, I have to answer "yes" to this question. I would recommend one with a limit of no more than $300. A debit card would be a better idea if it weren't for ...read more
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8 of 61
by Kimmee
Allowing your teen to have their own credit card offers many positive outcomes as long as there are limits included. Now, more than ever, our teens need to be better prepared...read more
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by Laine H.
I think that the idea of teens having credit cards is not without some merit. However, the instances in which they have them should be established. For example, if a teen has a ...read more
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10 of 61
by Charlets
Credit cards are for anyone who knows to budget financial needs.You can be young or teenagers but if you are good in managing your money then why not get your own credit cards.W...read more
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11 of 61
It isn't easy to stand up and say yes to an issue that can very well be precieved in a different manner then I intend. There is often an image that goes along with teens who hav...read more
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by Kathy D
Credit cards aren't the problem. It's the unwise usage that turns them into a nightmare. If teens understand the responsibility and consequences, credit cards can be a good thin...read more
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13 of 61
A teen should have a credit card in order to teach him/her about financial responsibility. Of all the subjects we learn in school, we are never taught about finances, credit, o...read more
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14 of 61
Yes, under one condition: that the credit card is used as a tool for teaching the teen fiscal responsibility. Make that two conditions: the parents of the teen should also be re...read more
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15 of 61
by Gami1986
Should teenagers be able to own credit cards? Ive read quite a few comments from people who are for and against the idea, however being a student, and having a credit card I fee...read more
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16 of 61
by Saurabh Pal
Credit Cards have become an integral part of our life. It is just like driving or watching television. There are negative aspects of driving for teens and watching television fo...read more
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17 of 61
by Jared Owens
Credit Cards or as I would call it "Swiped Leverage" definitely have a positive advantage to teens who have received a healthy understanding and education of the financial respo...read more
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by Penny B
Having a good credit rating is very important these days. As a teenager, you're probably not really thinking too far into the future and that someday you will need to mortgage a...read more
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19 of 61
I believe in giving your teen a credit card it starts to teach responsibility. Try first with a prepaid card. Monitor their spending and see how well they behave with it.Remembe...read more
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by Duane Kuehn
I see no reason for teenagers having no credit cards. I would teach the teenager financial responsibility in one of two ways. That they keep the payments up to date an...read more
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1 of 86
I would be nice if we could "just say no" to teens who want credit cards, but it isn't that simple. Teens don't really become inundated with credit card applications until they ...read more
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I have four children, one out on his own and three teens still at home. Giving a teen a credit card is absurd. They do not have the mental capability to understand the consequ...read more
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by Sara Bradley
Whether or not a teen should have a credit card is totally dependent on the perception the teen has regarding the card. Teens need to be taught responsibility regarding cred...read more
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4 of 86
No one should have a credit card until they have the job and financial background on their own to insure payment. Hey, some teens do have both a working record and decent credi...read more
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by Sammy Stein
No, teens should not be allowed a credit card. Credit cards for teenagers mean a guarantor - and that means parents and carers so unless you are prepared to finance your teens' ...read more
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6 of 86
Many teenagers these days have credit cards that they wouldn't have been able to get only a few years ago. As recently as ten or fifteen years ago teenagers wouldn't generally h...read more
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7 of 86
A teenager with a credit card! Let's consider this for just a moment. On the plus side there is the fact that they won't be asking for money practically every day leaving us par...read more
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8 of 86
by Bobby Brown
In general, I don't think that any teenager should have a credit card. There are many adults who shouldn't either but that's a another topic. Credit cards are tools. Tools, b...read more
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9 of 86
by Andrew Allen
Ah credit cards, that ubiquitous accompaniment that goes along with any person of status. Might as well start early on building credit, eh? While some can handle the respons...read more
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10 of 86
In NO way until a person is settled into a career, should ANYONE have a credit card. The offers seem so simple and tempting, and when it comes down to it, a person can adversel...read more
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by Rob O'Hannon
Teens should not have credit cards unless they have the ability to pay off the balance when they are due. Unrestrained credit does not teach responsibility or money managemen...read more
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by Jan Renders
"She/he knows the price of everything and the value of nothing". Ring any bells? This is the ultimate price we pay for allowing our children to indulge in the seductive world of...read more
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13 of 86
There are teen agers who, as a legal expedience, are emancipated, and therefore are responsible only to themselves for their actions. The question posed here is should al...read more
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14 of 86
The simple answer to this question is "no". However, rarely are simple answers demanded from life, let alone forums for discussing finances, debt and credit. The question must b...read more
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by Sean Curtis
The question of whether or not teens should have credit cards could probably be considered on a case-by-case basis. Particularly conscientious teens will most likely be able to ...read more
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16 of 86
Let's ask some better questions: Should parents have any money left in their bank accounts? Should the media quit marketing to teens to try and get all of their parents' mon...read more
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It amazes and saddens me that credit cards are being marketed to teens today. A few years ago marketing of credit cards to college students became a major business. Today the av...read more
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by Marie Gerber
I strongly believe that in nearly all cases teens should not be allowed to have credit cards. Even most college students should not have credit cards as most do not have substan...read more
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by Dorina Brown
Generally, no, I don't believe that teens should have a credit card. Overall, quite frankly, I don't think anyone should. If you're not careful and diligent they can mess with...read more
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20 of 86
"Americans are in debt, more than ever, today!" Newsweek Magazine. The average adults debt is around 30,000 by the age of 23." - US Census Bureau. My goodness, these stats and q...read more
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