Recently, President Barack Obama signed the Credit Card Act of 2009. The legislation aims to protect consumers from abusive credit-card practices. Included are rules that make it harder for anyone younger than 21 to qualify for a card.
The rules are simple:
According to the law, if you're younger than 21, you'll generally need a co-signer to qualify for a credit card. A co-signer can be a parent, legal guardian or spouse who is 21 or older.
Don't have a co-signor?
The other way to qualify is to prove you have an "independent means of repaying any obligation." Translation: You're earning enough to pay your bills.
This is common sense.
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Speaking of young people and common sense (or lack thereof), meet Donald Mills:
Gives me shivers, that does. It's almost like having my own darling daddy back.
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A couple of quick BlogThings for you:
Your Colors Say You Are Fearless |
Energized and innovative When you are moved to act, you are: Courageous and resolute When you are inspired, you are: Spiritual and humble When your life is perfectly balanced, you are: Totally in the moment Your life's purpose is: To live a passionate life |
... and...
You Are 58% Addicted to Blogthings |
So what if you know your personality type by heart? And while you may feel like Blogthings is crack... There are people much worse off than you! |
Yep.
1 comment:
Donald, I salute you!
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