Credit Tips: Credit Cards for Teens to Establish Credit

Posted On: December 1, 2005

Jaimieb
Author: Guest
Posted: Sun Jun 27, 2004 11:36 am
Post subject: Credit Cards for Teens to Establish Credit

9/30/2002 1:50 am CDT

i was wondering if anyone knew of a credit card for teens like age 16 i know capital one used to but they dont any more i’ve been looking and i cant seem to find one. does anyone know of one?

Author: Doug
Posted: Sun Jun 27, 2004 11:37 am
Post subject: Credit Cards for Teens to Establish Credit

9/30/2002 5:02 am CDT

I hope there is no credit card company that would give a 16 year old a credit card.

Do you have a job? Why does a 16 year old need a credit card?

Author: Ira
Posted: Sun Jun 27, 2004 11:38 am
Post subject: Credit Cards for Teens to Establish Credit

10/2/2002 0:14 am CDT

I almost never agree with Doug, but in this case I do. The last thing in the world you need is a credit card at the age of 16. How do you intend to pay back the money you borrow? You do realize that a credit purchase is just like taking out a loan from a bank. No bank in their right mind would approve you since [a]you’re still considered a minor, and [b] you have no credit history. If you can sweet talk your parents into applying for you, mabe, but I hope that they have more sense than that.

Author: Sydney
Posted: Sun Jun 27, 2004 11:39 am
Post subject: Credit Cards for Teens to Establish Credit
10/3/2002 9:13 am CDT

I strongly suggest a Visa Buxx card. Your parents can put money into the account to see how responsible you are with a credit card. Right now, I dont think you need one.