tag:blogger.com,1999:blog-873059253261642303.post2419989391289564131..comments2023-11-02T10:50:42.128-05:00Comments on CLOSED: Prepaid? Dude, you haven't even begun to pay... (more on the usury front).TLF+http://www.blogger.com/profile/01650010433581488888noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-873059253261642303.post-50636701594552613022010-12-02T08:44:32.772-06:002010-12-02T08:44:32.772-06:00As a parent of teens I'm horrified by the pred...As a parent of teens I'm horrified by the predatory nature of these schemes. Fortunately, here in the frozen north there are alternatives. We chose to get each child a checking account at age 16 with a local credit union and a debit card. They can learn how to manage without all the fees and fuss. Much much better. <br /><br />But I'd have to say that JC Fremont makes a point... a few years ago in middle school my dd was told in a real world exercise that she *had* to have a car payment. She couldn't just pay for the car upfront, or buy a used car... she *had* to have a car payment.Anonymoushttps://www.blogger.com/profile/00385946966613503944noreply@blogger.comtag:blogger.com,1999:blog-873059253261642303.post-33704927054940344952010-12-02T07:01:17.317-06:002010-12-02T07:01:17.317-06:00This is one of the consequences of training young ...This is one of the consequences of training young people to be consumers instead of citizens. Sad.JC Fremontnoreply@blogger.com