Barbie Teaches Credit Cards 101

No wonder we have such problems with credit. From Consumerist:

Barbie Teaches Credit Cards 101: “You Never Run Out Of Money!”

con_barbiecreditcardplayset.jpg Fashion Fever Shopping Boutique, the correctly named Barbie toy, features a built-in credit card swiper and a life-size credit card for young children to use when buying outfits for their dolls. According to the Amazon website, “Once the balance hits zero, it will reset so you can continue to shop.”

We can’t find a copy of the commercial online (can anyone send in a link?), but according to posts all around the web, it features a little girl crying out, “And you never run out of money!”

[Update: thanks to readers Wesa and Pda_tech_guy, here’s a low-quality YouTube clip of the commercial.]

We think Mattel should introduce the “Dang, I Grew Up” Barbie playset, where Barbie spends her entire paycheck on Rent-a-Center furniture while trying to make the minimum payments on her dozen or so 30% interest rate cards. But then again, since this is Barbie, once her credit score hit 300 or so the playset would probably just bump it back up to 800. Responsibility is so for nerds and foster children.


3 Responses to “Barbie Teaches Credit Cards 101”

  1. 1 Shel October 12, 2007 at 1:43 pm

    Shirley, you must be kidding!

  2. 2 Shel October 12, 2007 at 1:50 pm

    Wait, I’m not done. This is predatory behavior and it should be stopped. No, I’m not saying it should be illegal, but any company that preys on the selfish desires of little children to have anything and everything they want should be branded with a scarlet letter: The Big B for BAD. Yes, I think there should be some sort of rating system for companies based on whether they are safe for your kids to be exposed to. Credit card debt is at a staggering high already and countless hundreds of those in such unsecured debt likely file for bankruptcy. Now, what kind of credit score would that leave for your little darlings once their old enough to have real credit cards but don’t know any better because they’ve been conditioned that it’s fund to swipe to your hearts content?
    The real problem with this toy, if it does happen to land in anyone’s home, is the parents. After all, they’re the ones who are supposed to protect their children from harmful influences.

  3. 3 Shel October 12, 2007 at 1:52 pm

    And, for that matter, maybe my little typo up there – fund – wasn’t such a typo? Because they won’t have a fund of any kind if they charge, charge, charge and watch the minimums go up, up, up!

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