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Teenager Credit

Parents who would like to educate their children in the wise use of credit without risking their own credit standing may wish to consider the PocketCard issued by a Visa affiliate. Available to children 13 years and older, the card may be used at retailers and on the Internet. Parents transfer money from their own account to the special account accessed by the card and can then keep track of the transactions and balances by phone or on the Web. The annual family membership fee is $15 plus 25 cents per transaction. For more information, call 888-888-5164.

 

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