667teendebt.jpgThis book starts out telling the history of money, offers tips for a successful financial life and includes facts about money, interest rates, loans, credit cards, finance charges, predatory lending practices, preventing and resolving debt-related problems and more.

Here is part of the description from the publisher:

Debt Information For Teens explains the economic fundamentals that govern the use of debt as a financial tool. It talks about the uses and abuses of credit and describes how everyday transactions serve to create a person’s credit history. Different types of loans, including vehicle loans, loans for education, business loans, and mortgages are described. A special section on credit and debit cards outlines the advantages and disadvantages of using plastic. Another section on predatory and problematic lending practices focuses on the types of credit often associated with exceptionally high interest rates and other abuses, including payday and title loans, refund anticipation loans, and advance-fee loan scams. Information on preventing and resolving debt-related problems is also included, and the book concludes with a directory of resources for additional help and information.

Debt Information For Teens

Tags: credit cards, Debt Information For Teens, finance charges, Home Education, interest rates, loans, money, predatory lending practices, teen debt

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