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News Summary: Decision time on kids’ credit cards

By The Associated Press
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PARENTAL GUIDANCE: Parents of college-bound students must decide whether credit cards are a good idea for their children, as offers from banks and credit card issuers stream in.

CARDS FOR KIDS: Despite restrictions under the Credit Card Act of 2009, college students under age 21 can still get credit cards if they have a co-signer or can show independent means to repay the debt.

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