Imagine going to a mailbox and as your sort through the mail you see an envelope with words "YOU HAVE BEEN APPROVED". No we are not talking
about a bank loan of a college letter of acceptation, but a credit card application. Millions of people get credit card applications, so what's different about this
situation? Well credit card application is being a sent a minor, a teenager. As we're entering into the 21th century many more credit card companies are
targeting teens as their new consumer is. For instance, teens last year alone shelled our over $105 billion dollars on clothes, sneakers, jewelry etc.

 Due to reports like this, major credit card companies, are looking into teaching teens about plastic money (credit cards) and the responsibilities of having a
credit card. This supposed to be a good way of teaching teens about financial responsibilities. The Credit Card Company has the parent cosign for the ca5rd,
the card comes in the teen's name but the bill is still paid by the parents. Now this idea of teaching teens about credit care is a good idea, only if this monitored
by their parents.

  But let's be real. Just like we don't know if a minor will go around the corner and smoke a cigarette, creditors always don't know if the applicant is 18 or
not. Here's a good example: a 6 year old boy found a credit card application. He filled the application out and mailed it in. and to his mother's surprise, he
receive a credit card. So if a six year old can get a credit card so can just about anyone else!