Credit Cards For Teenagers

Nearly half of British teenagers intend to get credit cards when they are adults, according to a new survey. The survey by insurer Axa further revealed that 44% of teenagers aged between 15-17 years are keen to take out a credit card when they become an adult. The Axa study which specifically looked into the financial habits of British teenagers also found that 18% of respondents are keen to take out a loan when they turn 18 while a further 17% confidently believe that they would be overdrawn.