Credit card firm targets teens
How to present a text ?
(Article published in the Times, January 26, 2006.)
This text is an article from The Time which was published on the 26th of January 2006. It reports on the launch of a payment car for teenagers.
Firstly, I will present the issue highlighted in the text: presentation of the teen’s card.
Then, I will explain the advantages of this type of card.
Finally, I will show the drawbacks, both for children and banks.
So to start with the journalist presents us a developing trend in the world concerning credit or payment card for teenagers.
I. Presentation of this type of card * Payment card for teenagers from the age of 13 * A prepaid card : parents deposit in advance the amount of money they allow their children to pay. II. Advantages
1/ For children * They can spend money as they want and everywhere they want * There is probably a sensation of autonomy and liberty because they learn how to use plastic money
2/ For parents * They don’t have to go shopping with their teenagers every time * They can choose how much they want to put in the card : sensation of control III. Drawbacks
1/ for children * They can get used to spend “easy” money that does not come from their own salary * They can get the habit to use a credit card when they become adult : so to have risky behavior (have debts, borrow money without being able to give back)
2/ for banks * They can have more and more risky customers * They can’t making them subscribe many products due to their