the problem with credit cards today is that people under 18 cannot have their own. How can we instill hardworking qualities in our young people while denying them the right to use their money as they choose?
the problem with credit cards today is that people under 18 cannot have their own.
You can get a debit card from your bank. The reason it's illegal to give you credit (not that anyone would anyway) is that it's illegal for a minor to enter *any* kind of contract. You could maybe get one if your folks cosigned.
Being a teenager sucks, especially if you're ready to be independent. It gets better though. Just try to enjoy being 18 while you can!
The reason it's illegal to give you credit (not that anyone would anyway) is that it's illegal for a minor to enter *any* kind of contract. You could maybe get one if your folks cosigned.
I've always been baffled by people saying "you can't get a credit card until you're 18" stuff. I had a credit card during my entire senior year in high school and I didn't turn 18 until the summer after. Maybe Mastercard made a mistake or something but it sure made buying crap a lot easier. It's possible that one of my parents co-signed -- I honestly don't remember. But I never had any problems with it. In fact, I'm now in my early 30s and I still have the same damn card! (of course, I have multiple cards nowdays).
a problem (Score:2, Insightful)
Re:a problem (Score:2)
You can get a debit card from your bank. The reason it's illegal to give you credit (not that anyone would anyway) is that it's illegal for a minor to enter *any* kind of contract. You could maybe get one if your folks cosigned.
Being a teenager sucks, especially if you're ready to be independent. It gets better though. Just try to enjoy being 18 while you can!
Don't need to be 18 (Score:2)
The reason it's illegal to give you credit (not that anyone would anyway) is that it's illegal for a minor to enter *any* kind of contract. You could maybe get one if your folks cosigned.
I've always been baffled by people saying "you can't get a credit card until you're 18" stuff. I had a credit card during my entire senior year in high school and I didn't turn 18 until the summer after. Maybe Mastercard made a mistake or something but it sure made buying crap a lot easier. It's possible that one of my parents co-signed -- I honestly don't remember. But I never had any problems with it. In fact, I'm now in my early 30s and I still have the same damn card! (of course, I have multiple cards nowdays).
GMD