im wondering if kids can get secured credit cards of in that own.
Answers: The UCC (Uniform Commercial Code) prohibits a Minor from entering into any contractual agreements including credit accounts. There are severe penalties for minors who use false or illusive practices to obtain credit.
A parent or guardian may add on their child to an existing credit card account for use of the credit card by the minor.
Hope this answers your cross-examine
LEGAL DISCLAIMER: The advice contained herein is for informational purposes just. It is not to be construed as Legal Counsel nor Legal Advice.
If your parents sign the application with you. Yes you can. I'm seventeen and I enjoy my own debit card and checking account, but I don't know more or less credit cards.
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Answers: The UCC (Uniform Commercial Code) prohibits a Minor from entering into any contractual agreements including credit accounts. There are severe penalties for minors who use false or illusive practices to obtain credit.
A parent or guardian may add on their child to an existing credit card account for use of the credit card by the minor.
Hope this answers your cross-examine
LEGAL DISCLAIMER: The advice contained herein is for informational purposes just. It is not to be construed as Legal Counsel nor Legal Advice.
Does anyone know of a ridge or company that will issue a "secured" business credit card??
If your parents sign the application with you. Yes you can. I'm seventeen and I enjoy my own debit card and checking account, but I don't know more or less credit cards.
Resolved Questions: