freebird5825
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Here's one I know is going to get some good responses...
Under 21? No credit card for you - MSN Money
Background: In my state, the age of majority is now 21. That means that except for driving, voting, marriage, jury duty and military service, a "child" is protected by a slew of state (and maybe federal too) Minors Rights Act provisions.
Among these "protections" is the requirement for parent(s) to pay child support until the age of 21 and for parents to assume responsibility for the child's acts until 21, unless the child legally declares him(her)self to be completely independent of their parents.
My opinion: I think this is great and long overdue. Please note that a person under 21 can apply for a card IF they are employed and can show they have sufficient income to cover their credit bills. Plan B - under 21 will need a co-signer in the absence of that proof.
Have at it, folks.
Under 21? No credit card for you - MSN Money
Background: In my state, the age of majority is now 21. That means that except for driving, voting, marriage, jury duty and military service, a "child" is protected by a slew of state (and maybe federal too) Minors Rights Act provisions.
Among these "protections" is the requirement for parent(s) to pay child support until the age of 21 and for parents to assume responsibility for the child's acts until 21, unless the child legally declares him(her)self to be completely independent of their parents.
My opinion: I think this is great and long overdue. Please note that a person under 21 can apply for a card IF they are employed and can show they have sufficient income to cover their credit bills. Plan B - under 21 will need a co-signer in the absence of that proof.
Have at it, folks.