Compare Credit Cards with CardSmart

Teenage boys 'the worst credit card offenders'

A total of one in ten boys make "illicit purchases" on the internet using their parents' credit cards, it has been suggested.

More from Card Protection & Fraud
14 January 2009

Teenage boys 'the worst credit card offenders'

A total of one in ten boys make "illicit purchases" on the internet using their parents' credit cards, it has been suggested.

Michael Lynch, fraud expert at life assistance firm CPP, stated in recent days that of the youngsters between the ages of eight and 16 who commit fraud, those who are 15 are the worst offenders.

He noted purchases made by kids included gadgets, fashion accessories and computer games.

The expert recommended parents speak to their children about the temptations of using the internet to buy things, as well as explaining why they should not be given in to by outlining the risks associated with internet credit card fraud.

"Parents need to supervise their children wherever they can," Mr Lynch concluded.

According to the results of a survey conducted by CPP in October 2008, 95 per cent of adults say it is not possible for their children to have carried out transactions without gaining their permission first.

Written by Sarah Wilkins

Written by Sarah Wilkins ©

Best Buy Credit Cards

Credit Cards 0% Balance Transfers 0% Purchases APR Typical (Variable)
Virgin Credit Card Logo Virgin Money Logo Virgin Credit Card Apply
14 months 3 months 16.6%
MBNA Platinum Plus Logo MBNA Logo MBNA Platinum Plus Apply
13 months 3 months 16.9%
Egg Credit Card Logo Egg Logo Egg Credit Card Apply
13 months 3 months 17.9%
Halifax All in One Card Logo Halifax Logo Halifax All in One Card Apply
10 months 10 months 15.9%
Capital One Classic Card Logo Capital One Logo Capital One Classic Card Apply
No 0% Balance Transfer Offer No 0% Purchase Offer 34.9%
Compare More Credit Cards...

Categories

Credit Card News Archive

Some important information about this page

The content and information on this website are intended as general information only and shall not be construed as financial advice or recommendations of any nature in accordance with the Financial Services and Markets Act 2000 nor is it intended to address specific financial requirements. We strongly recommend that you seek independent financial advice before using and/or relying on the information made available to you or prior to purchasing any financial product/service listed on the Website. Whilst every attempt has been made to ensure that the content and information published are true, correct and up to date, no warranty, guarantee or representation is given as to its accuracy, reliability or fitness for a specific purpose.

The Best Buy credit card comparison tables feature financial products/services of our advertisers and may not necessarily constitute the best offers in the market for each of such products/services.

About Us

CardSmart Ltd.
Unit 8, 2 Pinchin Street
London, E1 1SA

Copyright © CardSmart Ltd 2009 - 2010. All Rights Reserved | Privacy Policy | Terms

"CardSmart" and the CardSmart logo are registered trademarks of CardSmart Ltd.

CardSmart is operated by CardSmart Ltd registered in England and Wales with Company No. 06373144