Take charge of teens' credit cards.(Perspective)

Byline: RHONDA CHRISS LOKEMAN

According to a Junior Achievement poll, one of every 10 teenagers uses credit cards. Some heavy chargers are as young as 13.

Given that it could take 10 years to get one's bad credit back on track, this poses a serious impediment for the next generation trying to live the American Dream.

What are they buying? Clothes, mostly. The future bankruptcy filers of America will be among the best-dressed people in their communities.

The primary population filing bankruptcy are people younger than 25. If you've been charging since 15 and have accumulated considerable debt, the manic monetary highs are followed by some serious lows.

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