(Video) kwedit.....a site where kids can buy now and promise their parents will pay later

What is Kwedit?

Kwedit is a new, innovative way to purchase digital content and virtual goods safely, easily, and quickly without needing a credit or debit card.
Kwedit provides two services: Kwedit Direct and Kwedit Promise.

Have you heard of the new children's website Kwedit yet? Well may be you should.......before you owe a bunch of money for virtual items that your children can buy on the website
.......Just watch the video:




Did you like what you saw? Still have questions? The following is copied directly from the website's faq page:

Why use Kwedit?

Kwedit lets you enjoy your favorite online games and activities while taking charge of your money and paying with cash, or by asking someone else to pay on your behalf.

Kwedit was created specifically for people who do not have a credit or debit card, or who prefer the privacy, security, and budget management that cash payments provide.
Kwedit never charges interest or additional fees.
It’s simple, it’s secure, and there are no fees.

This is real! I can't even figure out how to express in words how CRAZY this is! Are they kidding??? No they're not!!!

How Kwedit in the virtual world can help you learn more about credit in the real world:

By using Kwedit Promise, you learn the credit management skills required in the real world to make major purchases like a car or a home.

Here are some ways using Kwedit can help you build money skills and discipline that will help you for the rest of your life:
Make a weekly or monthly budget and determine how much Kwedit/money you plan to spend on-line and stick to it
When you use Kwedit Promise, make sure that you pay back your Promises on time
Pay attention to your Kwedit Score and use it to help you monitor how well you are managing, borrowing, and paying back your Promises
Talk to your parents about Kwedit Promise….and credit in the real world
Check out the Kwedit Kontract for Parents & Teens for some other helpful money tips.
Learning money skills will give you confidence and increased independence! Enjoy using Kwedit and have fun playing!

That is for teen users!!!

Oh yeah I almost forgot.......They do offer more resources for learning more about managing money!!!!

Lastly....can't pay? The video below explains another way to get the money to pay for it:



All I want to know is.......how it this legal????????????

Peace, Light and Take Care,