18 - Kids and Credit Cards
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Building off of last week\\u2019s episode, Ken discusses how his son had virtually no credit history and was considered off the grid to creditors when he turned 18. This posed a challenge for Ken; how can you apply for a credit card if you don\\u2019t have credit? Ken found the solution: secured credit cards. Ken discusses the difference between secured and un-secured debt. Ken then walks you through how this secured credit card works and the best attributes that a secured credit card should have.
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