BATON ROUGE, LA (WAFB) - It's never too early to start teaching young people the risks and advantages of credit cards.
The federal bankruptcy court sponsors a credit abuse resistance program to educate young people. A class was held Wednesday at the Army Reserve Center targeting high school students in the Gardere area.
"We'd like to at least make them aware of some of the issues, including interest rates, the importance of comparison, shopping for credit cards that make it possible to use credit responsibly and keep them out of my court," said Judge Douglas Dodd, US bankruptcy judge for the Middle District of Louisiana.
"It shows that I need to save money," said one of the students in attendance. "Many college students end up in debt, paying it off for the rest of their lives and I don't want to be like that."
The students listened carefully as Dodd stressed the importance of creating budgets, good credit scores and avoiding credit card debt.