TweetFirst off you blojob president is there going to be a fax number to fax the credit card company a birth certificate you moron people will just lie about there age on the form when the fill it out.and this is just idiotic to have this new credit card law.Open your eyes he is already trying to tell us americans what to do.Lets sink the credit card companies and then just bail them out when there in trouble since thats blojobs answer to everything. bail out. You might want to rethink that comment dave about him being elected again.
The new credit card rules, which go into effect in nine months, prohibit companies from giving cards to people under 21 unless they can prove they have the means to pay the debt or a parent or guardian co-signs. A customer also will have to be more than 60 days behind on a payment before seeing a rate increase on an existing balance. Even then, the lender will be required to restore the previous, lower rate if the cardholder pays the minimum balance on time for six mont
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