Still getting credit card offers

LasMa
Fri, 05 Nov 2010 21:44:23 +0000

mamabear: The new law says that even if an under-21 applies, the card cannot be issued unless the applicant either has a co-signer or enough income to qualify on their own. It also prohibits the companies from sending out those pre-approved offers if they know the recipient to be under 21. The trouble is, they get these mailing lists from who knows where, and don’t waste alot of time verifying ages.

So this morning, I put on my best protective-mama voice and called the company. They did confirm that under-21s shouldn’t get the solicitations, and took her name off their list. The man I spoke with apologized repeatedly, especially after I told him that if she gets another offer from them, I’d contact the feds.