New Credit Card Rules Go Into Effect in February

Among the new credit card regulations scheduled to go into effect on February 22, 2010, banks can no longer issue credit cards to anyone under 21 years-old without a young person proving the ability to make the payment or the signature of a parent or guardian. This could be a good thing in that there may be less young people in debt in the future at such an early age, but the rules will also clearly effect how youth culture shops, particularly for online...