By Admin on Feb 24, 2010 in Credit
The Daxternator asked:
I heard that credit card companies stopped issuing credit cards to people under 21 just of yesterday. Is this true?
http://1mortgagecalculator.info
I heard that credit card companies stopped issuing credit cards to people under 21 just of yesterday. Is this true?
http://1mortgagecalculator.info
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You can apply, but the chances of you being able to get approved are very slim.
My Take on It | Feb 27, 2010 | Reply
Not exactly. If you are under 21, you must show proof of sufficient income to qualify for a credit card or have a parent co-sign.
This new law is to protect you from taking on all sorts of credit cards, maxing them out, defaulting, and ruining your credit before you even get out of college and get a job.
bdancer222 | Mar 1, 2010 | Reply
Nope, as the other said, as long as you qualify, you can get a card,,
Gone are the days when all you had to do was be breathing,,,
drive_55_not | Mar 2, 2010 | Reply
If you are under 21, it is now much more difficult to get a credit card, this does not mean you can not apply. Since yesterday, you must now show proof of income, or have a parent co-sign.
Dixie Darlin' | Mar 3, 2010 | Reply