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I got one when I was 12, but that was also 20 years ago now. It was a business card and had a credit limit of $8,000. My parents weren’t on the card. It confuse
by AuryGlenz 5y ago
I got one when I was 12, but that was also 20 years ago now. It was a business card and had a credit limit of $8,000. My parents weren’t on the card. It confused me then almost as much as it confuses me now. Maybe their income counted as household income?
I got it because they didn’t like to use their credit cards online. I used it to buy my own PC.
- deleted 5y ago[deleted]
- ChrisRR 5y agoJesus, how can you allow a 12 year old to rack up $8000 in debt?
- Bjartr 5y agoUltimately, I don't think minors can legally enter such a contract, so if he did rack up debt and the card company pursued it, it might have been dismissable if his age then came to light.
- AuryGlenz 5y agoWell, that could have been a fun spree. They must have asked my date of birth, though.
- deleted 5y ago[deleted]
- vxNsr 5y agoYou signed up online or in person at a bank? What did you say your “business” was?
- AuryGlenz 5y agoThis was long enough ago that I believe it was over the phone, and I don't remember. I wonder if I squeaked.