7 ms·
How did the theoretical child get hold of a credit card?
by Schlagbohrer 4mo ago
How did the theoretical child get hold of a credit card?
- victorbjorklund 4mo agoBecause no 16 year old kid ever got to buy anything on a card before.
- l23k4 4mo agoWhy would a 16 year old not use their own card?
- well_ackshually 4mo agoBecause 16 years old do not have a card with no spending limits, and with very low online spending limits. Most of those cards are even just for withdrawing
- deleted 4mo ago[deleted]
- TheDong 4mo agoSpending limits don't particularly matter here. AWS doesn't check if your credit card will be able to handle a $5k charge before letting you rack that up, and in fact AWS doesn't support setting any spending limit. You just have to put in any valid credit card at all when you sign up, use AWS, and at the end of the month you'll have a bill. At no point does your credit card limit or a spending limit enter into things.
- michaelmrose 4mo agoAnd again kids don't have credit cards
- l23k4 4mo agoAWS accepts debit cards.
- yeputons 4mo agoI got mine when I was 12, IIRC. Not a credit, of course, it was a debit card, but not all countries bother to differentiate between the two, it was just a “bank card”. And I believe it had a credit card BIN because all local banks did that to get more in processing fees.
- michaelmrose 4mo agoI do not specifically believe you can run up a $6000 bill on AWS with a kids card. It beggars belief as does the idea that this is a literal rather than mental child
- lxgr 4mo agoNobody has a card without spending limits.
- distances 4mo agoWould they be given their own credit card, or would it be under the parents? Over here minors can't enter into debt contracts like credit cards, so it'd be a direct debit until they are adults.
- l23k4 4mo agoI don't think the type of the card really matters as long as the limits are reasonable. > Over here minors can't enter into debt contracts like credit cards In basically all of the western world minors can enter into debt contracts, but are generally not seen as particularly creditworthy.
- distances 4mo ago> In basically all of the western world minors can enter into debt contracts, but are generally not seen as particularly creditworthy. No, that's not legally permitted in many places. I was under impression that minors can't enter into debt contracts anywhere in EU, but that, too, was an incorrect assumption. https://fra.europa.eu/en/publication/2017/mapping-minimum-age-requirements-concerning-rights-child-eu/issuance-credit-card https://fra.europa.eu/en/publication/2017/mapping-minimum-ag... I grew up in one of these "not under 18 even with parental consent" countries, so that coloured my view of the matter.
- inigyou 4mo agoI was under the impression they could do it but there was a high chance of a debt like this being unenforceable, so companies don't want to. Or maybe that's another way of saying they can have debts but not debt contracts.
- fauigerzigerk 4mo ago>In basically all of the western world minors can enter into debt contracts, but are generally not seen as particularly creditworthy. Minors can't get a credit card in the UK. In fact, it's one of the government approved age verification methods for that exact reason.
- 4mo ago
- saidnooneever 4mo agothere are plenty of cards on the interwebz to use. ppl give em away like candies
- efreak 4mo agoI'm reminded of the bot @needadebitcard on Twitter 10(?) years ago, that reposted pictures of people's cards that they posted on Twitter for the public to see.
- saidnooneever 4mo agoits really easy to use social media bots scrapers and AI img extraction etc. dont even need tons of resources. But i was mostly talking about forums and carders which has never really stopped being a thing.
- victorbjorklund 4mo agoEither they have their own card or gets to borrow a parents. Doesn’t make a difference in this situation.
- michaelmrose 4mo agoGenerally no they don't because they have very limited ability to enter into agreements in the US. It was almost certainly an adult.
- Lvl999Noob 4mo agoIsn't USA famous for letting parents take out credit cards on their newborns and pushing them into debt even before they learn to walk? I recall seeing at least a few snippets of movies and TV shows showing that.
- martheen 4mo agoIf you mean parents using their children SSN to open a credit card, this is because US banking system is always decades behind the rest of the world, so they just accept the number blindly even though technically the children aren't allowed to open a loan yet, being minor. In theory once the child grows up and shocked that their credit score is ruined, they can file a police report to wipe the debt, but that also means their parents will go to jail, a large risk considering they're likely not in a good physical/mental health in the first place. Other countries solved this by either having national ID or a working KYC system.
- michaelmrose 4mo agoIt is possible to defraud a lender and cause your own child grief from bad credit reports and creditors but ultimately the debt isn't collectible or lawful as should be obvious.
- themafia 4mo agoMy parents let me fill my tank with gas. They wouldn't let me open an AWS account. Aside from that, if it is misuse of a parents card, then then answer is "chargeback."
- ndsipa_pomu 4mo agoChargeback sounds like trying to defraud AWS. If the parent authorises the child to use their card, then the buck should stop with the parent. AWS has done nothing wrong in allowing an account to be opened with a valid card.
- loloquwowndueo 4mo agoSome banks make chargebacks so easy that people just click the chargeback button without trying to reach out to the vendor. I see this a lot - I work for a “vendor”.
- ndsipa_pomu 4mo agoI don't have an issue with chargebacks if the vendor has made a mistake and doesn't respond in a timely fashion, but issuing a chargeback because you let your kid play around with a card isn't responsible behaviour. (Not that I think it was a kid in this particular case) There's also the issue that it's usually a breach of the contract to allow someone else (i.e. not named in the contract) to use your card.
- inigyou 4mo agoThere isn't "responsible" behavior any more. Since we became a low-trust society, there's only behavior that benefits you and behavior that doesn't.
- lxgr 4mo agoThe chargeback is the way of reaching out to the merchant, and quite often the only realistic one. If the merchant disagrees with the chargeback, they can challenge it (which is in turn usually their only opportunity to directly communicate with the merchant).
- deleted 4mo ago[deleted]
- Ekaros 4mo agoWhy wouldn't debit card work as well? You can get those while underage.
- ano-ther 4mo agoTry here for example: https://danskebank.co.uk/personal/products/current-accounts/discovery https://danskebank.co.uk/personal/products/current-accounts/...
- 63stack 4mo agoDid you read your own link? A parent has to apply for this. Parent/Legal Guardian Identity Verification To confirm your identity, we’ll ask you to take: A live selfie of yourself, and A photo of your own ID document (Valid Passport or valid UK/ROI Drivers Licence)
- Symbiote 4mo agoThey may well have the account with a debit card for other reasons, like buying food, travel etc.
- loloquwowndueo 4mo agoI’ve seen minors signing up for cloud services with their parents card.