Quote:
Originally Posted by Hell Puppy
Under 21 can still have a credit card, but they now have limits and require cosigners to have any sort of limit. It's now something like 5% or their annual income or $500, whichever is more.
This ends the practice of sending college kids out into the world saddled with $5-10K of credit card debt as they enter their first job.
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But... but... how will our consumer-driven economy continue to function without easy credit?
