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Consumer Reports

credit cards

6.3.09 9:40 PM EDT By Meg Marco@meghann

credit cards teenagers card act

Should you co-sign for your teenager’s credit card? The CARD act makes it more difficult for credit card companies to extend credit to people under 21 who don’t have their own independent income. Should you co-sign so that your kid can get a card anyway? Michelle Singletary of the Washington Post says, “No.” [Washington Post via Public Citizen] (Photo:foundphotoslj)

6.3.09By Meg Marco@meghann

credit cards teenagers card act

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