Helpful Resources

Community

Popular Discussions

Creditmagic Twitter

Credit on Facebook

Home

Credit Forum

Budgeting your expenditures

New Credit Credit Card Reform & Affect on Underage Consu

Post reply Start a topic

Author

Message

Options

	Print this topic
	Invite a friend
	Email this topic

Bookmark online

	Add to del.icio.us
	Add to YahooMyWeb

NightStar

Joined: 10 Mar 2010
NightStar's page
Posts: 143
Location: Illinois

3061 Magic Points

Subject: New Credit Credit Card Reform & Affect on Underage Consu

Sun Mar 14, 2010 6:03 pm

http://www.creditcardreform.org/pdf/credit-card-bill-2009.pdf

Sec. 301. Extensions of credit to underage consumers.
Sec. 302. Protection of young consumers from prescreened credit offers.
Sec. 303. Issuance of credit cards to certain college students.
Sec. 304. Privacy Protections for college students.
Sec. 305. College Credit Card Agreements.

There are new rules affecting Underage Consumers -

* Consumers will no longer be allowed new credit unless a cosigner is added, this includes a parent, guardian, or spouse who is over the age of 21.
_________________
Credit Cards
Credit Reporting Information
Credit Repair Info

goodnatured

Joined: 03 Nov 2007
goodnatured's page
Posts: 3927

10 Magic Points

Fri Mar 19, 2010 1:56 am

That is crazy, I guess it will make it tough on the credit card compaiines. They are the one that will be the brunt of all of this.

www.creditmagic.org
Guest

Subject: udjRYjOswkQOlKVnmsU

Tue May 10, 2011 3:06 am

Under21 rule.. Not so bad Smile

www.creditmagic.org
Guest

Subject: gPGJhCUOyqn

Fri Jun 03, 2011 7:58 am

Under21 rule.. Ho-o-o-o-t Smile

www.creditmagic.org
Guest

Subject: iFubAkYGFE

Sun Jun 05, 2011 8:17 am

Under21 rule.. Huh, really? Smile

www.creditmagic.org
Guest

Subject: IzRaEvQXYYGjWeTkI

Thu Jun 23, 2011 10:48 pm

Under21 rule.. Great! Smile

mohe free porn xtp4
Guest

Subject: cKeJmIsoPcTwBhK

Sat Jul 02, 2011 2:21 pm

Under21 rule.. Outstanding Smile

ynab sex svo7
Guest

Subject: cTDYFUbZRgfWlanU

Sun Jul 03, 2011 3:02 am

Under21 rule.. Great idea Smile

Quick Reply

Your Name

Subject

Message body


Page 1 of 1

Home|Contact Us|Terms of Services|Privacy Policy|RSS

* Disclosures:

Your personal details (name, email address and phone number) will be delivered to the company advertised on the Creditmagic after ve agreed to go for the counseling session by filling out the no-obligation form. However, it is your discretion to accept or reject their services.
Not all the creditors/debt collectors agree to trim down the outstanding balances, interests, and fees payable by the consumer.
Consumers working with the debt relief companies can still be sued by the creditors/collection agencies.
Debt relief services may have a diminishing effect on the creditworthiness of the consumer. The total outstanding balance may increase as the additional fees get accrued.
The overall amount saved by the consumer through the debt relief services is considered as taxable income by the IRS.