Youth Credit Card Marketing

18 06 2012

Did you know?

The Credit CARD Act of 2009 places strict limitations on marketing and issuing credit cards to young people.  Consumers under the age 21 must show proof of income to repay credit card bills or have an adult co-sign if they want accounts in their own name.  Also, those ‘free tshirts/hats’ offers are banned from college campuses.

 

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