You're reviewing your credit card bill and find some odd charges. How did you rack up hundreds of dollars in online gaming charges?
Your first thoughts may be fraud – but before filing a fraud report, think about who has access to your credit card. Do your children know where your credit card is and how to use it? Is it available on a computer, tablet, or phone they use?
A new survey by CompareCards.com finds that 29% of Americans with children below the age of eighteen have had a child use their credit or debit card without permission. Meanwhile, 52% of respondents gave their child permission to use their credit cards or debit cards – with 36% allowing three or more purchases. Of that 52% of respondents, 48% regretted their decision.
Men were more likely to be burned by children using their card without permission. While 44% of men claimed to be victimized, only 19% of women did. Men also were far more likely to regret their decision to let children us...
from MoneyTips https://www.moneytips.com/3-in-10-kids-have-used-parents-credit-or-debit-cards-without-permission/540
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