My children are under 21 years old, but they receive invitations to apply for credit cards. How is this possible?
- Listed: August 7, 2022 7:47 am
- Expires: 99358 days, 15 hours
Description
My children are under 21 years old, but they receive invitations to apply for credit cards. How is this possible?
Card issuers may mail “invitations to apply” based on mailing lists purchased from a variety of sources, such as loyalty or rewards programs.
However, credit reporting agencies are prohibited from knowingly including consumers under 21 years old on lists used to send firm offers of credit or insurance, unless the individual consented to the credit reporting agency to be included on such lists.
Disclaimer: This site/app is not affiliated with any Government or public agencies. You may find this and additional information from US Consumer Financial Protection Bureau. This app is not affiliated with above agency or US government. We have provided this app for easy access for freely available information from Consumer Financial Protection Bureau, a U.S. government agency. We assume no legal liability or responsibility for the accuracy, completeness, or usefulness of any information, apparatus, product, or process described or depicted on this site/app.
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Listing ID: 87462ef6e12ebe99