3 tips for parents who let their children use credit cards

Quick Summary:

Parents may assume their kid will be fine with a credit card, but things may not go the way they expect.

Nearly 60 per cent of parents in the US gave a child permission to use their credit or debit card, according to a LendingTree survey.

In fact, 59 per cent of parents in the United States gave a child permission to use their credit or debit card, according to a survey by online lending marketplace LendingTree.

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Article Details

Category: EconomyBusiness

Markets: SingaporeUnited States

Topics: Parents Debit Permission Survey Child Card Cent According Lendingtree Credit Gave

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-18 @ 05:00:00 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 196 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 23117693

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 22 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 3 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

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Publisher ID: #25

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