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College Credit: New Law Can Put Parents in Hock for Students' Debts

by Mercedes Cardona, Posted Apr 8th 2010 12:00PM

New laws are making it harder for young people to get credit cards. Credit: Corbis.
As college acceptance letters arrive, parents have added responsibilities to discuss with their children, including how to handle that new credit card tucked ...
2 COMMENTS

Marijuana Mamas, Apology Cards, and Lisa Kudrow - Links We Love

by Bethany Sanders, Posted Jun 25th 2009 4:00PM

Kid behaved badly on a playdate? Send an apology card. Photo: sxc.hu
Kate Gosselin admits it: Jon's been asking for a divorce for "a long time." She says that on a good day, she feels relief. On a bad, she feels failure. -- Whoa, Momma! One ...
0 COMMENTS

The return of the layaway purchase

by Sandy Maple, Posted Oct 30th 2008 1:00PM

Back in the day, before we all went crazy with our credit cards, there was another popular way of buying something you couldn't afford. It was called a layaway and it was a very good thing. For those of you unfamiliar with the layaway process, let ...
1 COMMENTS

Family cuts up credit cards and spends 24% less in a month

by Bethany Sanders, Posted Sep 10th 2008 4:00PM

There are a lot of reasons today that families are pinching pennies. Maybe your household has been hit by unemployment, or maybe you've just become a stay-at-home parent. Maybe gas prices or high heating costs are hitting you where it hurts, or maybe ...
6 COMMENTS

Five-year-old gets credit card

by Roger Sinasohn, Posted Jun 20th 2008 11:02AM

What would you do if your five-year-old got an application for a credit card in the mail? Well, just for fun, you might have your kid fill it out and maybe even send it in. That's what Amy Christiansen of Aurora, Illinois did. Imagine her surprise, ...
7 COMMENTS

What's in your wallet?

by Roger Sinasohn, Posted Mar 1st 2008 12:58PM

Before I had kids, I carried a very simple wallet. It held a few cards and that was it. It didn't even fold; it was basically just one side of a folding wallet. On one side, there was a plastic slot for a driver's license while the other had about ...
3 COMMENTS

College credit cards

by Roger Sinasohn, Posted Sep 6th 2007 2:04PM

Got a kid heading off to college? Chances are, the school has an agreement to offer an "affinity" card. That is, a credit card branded with the university's name and, probably, a photo representative of the school. A portion of the profits from each ...
4 COMMENTS

Kids use cash cards to buy booze, porn

by Roger Sinasohn, Posted Aug 20th 2007 1:57PM

It seems that the ingenuity of kids wanting to get around the rules is still alive and well. Whatever new technology comes along, kids will put it to use to get into trouble. Take pre-paid "credit cards", for example. Sometimes called "cash cards" or ...
2 COMMENTS

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