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Kids and Credit -- Paper or Plastic?
EDITORS NOTE: Too many kids with credit cards lead to growing bankruptcy filing among the young and the reckless. Tom Turpel is editor of Pacific News Service-sponsored Sprawl, a magazine for suburban youth. DUBLIN, CA If you cant get a drivers license, you shouldnt get a credit card, says Dustin Hyrn, a student at Dublin High. Hyrn, who is 17, thinks the appropriate age to get a credit card is when you turn 18, the same age you become a legal adult. Even then, however, young people can find themselves in a debt trap. A recent study by the Credit Abuse Resistance Education (CARE) program showed the number of 18- to 24-year-olds declaring bankruptcy has increased 96 percent in the last ten years. Credit payment problems are one of the key reasons younger people file for bankruptcy. According to the CARE report, Bad credit can negatively affect teens in the future -- their ability to get a job, a loan, basic insurance or even an apartment.
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Kansas unemployment rises for month, falls from 2005
The unemployment rate on the Kansas side of the Kansas City area was 5.3 percent in June, up from 4.7 percent in May and down from 5.9 percent in June 2005, the Kansas Department of Labor said Friday.
For all of Kansas, the unemployment rate was 4.7 percent in June, up from 4.1 percent in May and down from 5.2 percent in June 2005, the agency said in a release.
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