Quote Originally Posted by PD code 805D View Post
Protection of Young Consumers

Credit cards cannot be issued to people under the age of 21 unless they have an adult co-signer or show proof that they have the means to repay the debt (proof of reasonable income).
College students will be required to receive permission from parents or guardians in order to increase credit limit on joint accounts they hold with those adults.
People under the age of 21 will now be protected from pre-screened credit card offers unless they specifically opt-in for offers.
Too damn late. What about the people whos credit got messed up because they were handed a credit card when they were 17 and didnt know what to do with it?