ANCHOR LEAD IN:
THESE DAYS MORE AND MORE KIDS ARE SAVY SHOPPERS WHETHER ONLINE OR AT THE MALL. FOR MANY THEIR MODE OF PAYMENT IS PLASTIC. THERE ARE A VARIETY OF PREPAID CREDIT CARDS TO CHOOSE FROM.AND WHILE THEY MIGHT NOT RACK UP CREDIT CARD DEBT, THEY CAN COST YOU. AS__________EXPLAINS, YOU MIGHT WANT TO DO THE MATH
BEFORE YOU SIGN YOUR CHILD UP.

TRACK ONE Length: 08
THIRTEEN YEAR OLD SOPHIA CORA LOVES BOOKS.
WHEN SHE FINDS ONE SHE WANTS-- SHE DOESN'T RUN TO
MOM AND DAD.…-SHE JUST PULLS OUT HER MASTERCARD.

SOT
KEY @ : 10 Sophia Cora, Card Holder
"None of my friends have this, ha. So I feel kind of mature, I guess."

TRACK TWO Length: 16
SOPHIA'S FRIENDS MAY NOT HAVE PRE-PAID CARDS YET-BUT
MORE AND MORE TEENAGERS DO…
AS THEIR BUYING POWER INCREASES THE MARKET FOR THESE
CARDS HAS TAKEN OFF---AND SO HAVE THE FEES, ACCORDING TO CREDIT EXPERT
CURTIS ARNOLD. HOW MUCH YOU'LL PAY VARIES DEPENDING ON THE CARD AND
THE PROGRAM YOU CHOOSE.

SOT
KEY @ : 30 Curtis Arnold, CardRatings.com
"There's one-time account activation fees, there's monthly
maintenance fees, there's annual fees, sometimes there are fees to
load money onto the card."

TRACK THREE Length:14
SIGN UP FEES CAN RANGE FROM FIVE TO TWENTY FIVE
DOLLARS... MONTHLY MAINTENANCE FEES ARE AROUND THREE.
AND THEN THERE ARE LOADING FEES FOR EACH TIME YOU ADD
MONEY TO THE CARD. SOME CARDS EVEN HAVE ANNUAL FEES NOW…AS MUCH AS
TWENTY-FIVE DOLLARS. IF YOU'RE NOT CAREFUL…

SOT
KEY @:55 Curtis Arnold, CardRatings.com
"It can be a very expensive way to teach your teen how to use plastic."

TRACK FOUR Length: 13
ARNOLD SAYS IF YOU SHOP AROUND FOR A CARD WITH REASONABLE FEES AND LOTS OF PARENTAL CONTROLS, A PREPAID CARD CAN BE A GOOD FIT. DAVID JONES IS C-E-O. OF PAY JUNIOR…A COMPANY THAT OFFERS RELOADABLE PREPAID CARDS WITH PARENTAL TRACKING.

SOT
KEY @ 1:15 David Jones
, CEO, PAYJR., Inc.
"They're going to use plastic. I mean, it's inevitable that they're going to
sign up for some credit cards. What we're trying to do is put plastic in
their hand and teach them how to use it responsibly."

TRACK FIVE Length: 4
SOPHIA'S DAD, GABRIEL, WHO CAN SEE HER STATEMENTS,
SAYS IT'S BEEN A GOOD LEARNING TOOL.

SOT
KEY @: 1:27 Gabriel Cora, Sophia's dad
"We thought it was worthwhile, just to teach her how to manage her
money, how to use the credit card, and see where her expenses are
going."

SOT
NO KEY
"Now that I have my own money, I don't want to buy much, and I want
to save my money."

ANCHOR TAG:
Source: CardRatings.com
CREDIT EXPERTS SAY THERE ARE WAYS TO TEACH YOUR
CHILDREN ABOUT LEARNING TO MANAGE THEIR MONEY
WITHOUT AS MANY FEES-LIKE OPENING A TEEN CHECKING
ACCOUNT FOR THEM.
BUT THAT CAN COME WITH RISKS - ONE BOUNCED CHECK
COULD COST MORE THAN AN ENTIRE YEAR OF FEES WITH A
PREPAID CARD SERVICE.

SOURCE LIST
This information may be posted on your website at the bottom of the NewsProNet script if your station has an extended license that includes your Web property.

David Jones
CEO, PAYJr, Inc.
2951 Dallas parkway
Suite 501
Frisco, Tx. 75034
http://www.PAYJr.com

David is founder and CEO of PAYJr.Inc.
PAYJr is an offers an online chore and allowance management system,
with a prepaid mastercard for ages 13 and older.

Curtis Arnold
CardRatings.com
201 W. Broadway
Suite G9
N. Little Rock, AK
72116
http://www.cardratings.com

Cardratings.com is a consumer advocacy organization focused on
educating people about credit.

SOURCE LIST FOR CLIENT-STATION USE ONLY
The additional information provided below is for client-station use only. This
private contact information cannot be given to viewers nor posted on your
Website. It is for internal station use only. It is provided to help you obtain answers to any additional questions you may have and to help you localize a story. Thank you!

David Jones
PAYJr.,Inc
(214)618-7047

Curtis Arnold
CardRatings.com
(501)663-0314
Curtisarnold@cardratings.com

Gabriel Cora and daughter Sophia
(214)618-8588

EXTRA BACKGROUND

Studies have shown that adults and teens spend more when
they use plastic than when they carry cash or checks. At least
one card comes with "awards points" towards future purchases,
which critics say encourages teens to spend more.

Many of the cards' websites come with financial lessons and
tools to teach kids how to manage their money.

Other money management resources for parents and teens:
http://www.kids.gov/k_money.htm
http://www.fdic.gov
http://www.moneyfactory.gov

Additional Prepaid Cards for Teens
http://www.UPsidecard.com,
http://www.allowcard.com
http://www.myplash.com
http://www.usa.visa.com/personal/cards (Click on Visa Buxx)