The lawsuit follows a CFPB agreement with TD Bank in the same week to pay $7.76 million to customers for harming their credit scores.

Vault’s Viewpoint on Debit Cards for Kids vs. Credit Cards for Kids The best prepaid debit cards allow you to monitor your child’s spending, set limits as necessary and link allowance money to ...

They should know that they don’t have to carry debt to have good credit: Just using credit cards lightly and paying the balances in full should do the job. I’ve got a 457 (b), not a 401 (k).