If a 7 year old hands a clerk a credit card, should the clerk keep it or?
930580
The cashier isn't required to keep it in that situation, but he can't accept payment on it, as it's obvious that the child isn't the cardholder.  But if he accepts the purchase and the kid knows the PIN, the parent isn't going to be able to dispute the transaction (disclosing PIN waives the right to dispute).  So he loses nothing by doing so.\n\nThere is a rule in law that children don't have capacity to contract: this means that they can't understand the nature of a binding agreement, and it is unfair to place such obligations on them.  I don't know how often it comes up in practice though.
291642
Yup. because a credit  card is a credit card. lol but thats a good question
619412
you have to be 18 with a credit card if you aren't you have to have a friend do it and if you are planning on having a party there be careful nothing gets damaged if its on your Friends card
444581
If your name is not listed on the credit card and you have not signed an agreement with the credit card issuer, then you are not liable to the issuer (the bank) for the money, and they will not and can not come after you for the money. \n\nIf you signed no agreement with the holder of the credit card (your friend or family member) then they have no legal way to obtain ANY of the money from you - the saying goes, "verbal agreements are not worth the paper they are written on"  unless the verbal agreement was witnessed by others then it would be very difficult, if not impossible, to prove in a court of law that the money was anything other than a gift, so in this case you could probably get away with not paying anything. \n\nHowever you do have a moral obligation to pay back the money, you borrowed it in good faith and should pay it back - i don't know the reason why they are asking for it back, maybe the owner of the credit card has lost his/her job and can not afford to keep the credit card open - this is something that you have to work out with them; but is purely on a moral basis, and there is no legal recourse that the person could easily follow to make you pay the money - of course a baseball bat against your kneecap is a good incentive to pay, dependent on the person that you borrowed from of course.
49188
I worked as a store clerk for a while in alabama and mississippi.  They taught us in training that if a person comes in that is underage, with a person that is of age, and goes to the cooler with them and picks out the beer, then we can't sell.  That is concidered like contributing to someone underage. The cops would actually set up stings like that to get clerks arrested.
597249
Either would be OK if you need another credit card. I would check the benefits of any card before I just got one.
4125
it depends. From what I know, a store credit card is considered the same as a bank card (for your credit history). At any point it is good to have around 2-3 such cards open. any more or less, and you risk being considered as not such a good credit risk
724850
tell them its a credit card and mark its a credit card---do not punch in any four digit code numbers.
1124952
Yes, unfortunately for the credit card company and fortunately for you, he can't be held liable for the credit card purchases if he's under 18.  You should call them up and demand to speak to a supervisor, then explain the situation to them.  Don't mention him lying about being old enough to open an account, though.  This happens more than you'd think, but the bottom line is that by law he cannot enter into a legally binding contract unless he's 18.  So he's off the hook.
149555
If daughter was 19, and competent at the time, then all records are hers, nobody elses. Depending on how much time has passed the document holders could be charged with theft. If years have passed, and the daughter hasn't made previous attempts to claim the documents, then they will be assumed to be the holders documents. You need a lawyer involved.
13311
Here's something we're trying with our 15 year old to help him understand credit cards and money management.  \n\nHe has a Visa Buxx card, which is a prepaid, reloadable card that works like a credit card, but has a balance only you (the parent) can control.  The teen has access to account information on their balance and transactions.  They use it just like a credit card anywhere Visa is accepted.  They MUST be aware of what's available in their account or their purchase will be declined.  \n\nYou fund the card from a checking account or checking card.  The issuing bank charges you a setup fee and a small fee ($2)each time you add to the card.  We have a checking account with the bank that issues it and they actually waive that fee.  You can put as little or as much (up to $2000) as you want.  Minimum age to use a card is 13.  And there's no minimum balance or minimum time limit on it.\n\nFor us, it's a real simple way to give him an allowance AND responsibility for it.  For him, it's a way to spend AND budget his money, easily helping him save it for what he wants without tapping his real savings account.\n\nIf your kids are too young, or you think it's too soon, I'm sure the program will be around for a while.  But if you think it's something worth trying, here's a link from Visa to explain the program.
501316
Yes she will have to pay the dept.simply because her name is on the card..........my boss was going through a divorce and asked his lawyer if he was responsible for his wife's credit card depts the lawyer told him not if his name did not apear on any of her cards....if his name was on the card ...yes he would be responsible.
667121
she should be tossed in jail...most likely she will probably get off with the legal system we have...how would you feel if someone stole your credit card number? I bet you would want them in jail for it.
737878
Probably so, although this is not nothing new, this has been going on for years all across the world, shouldn't these companies do more thorough checks? Why report her? This is your child's mom if she goes to jail are you prepared to take on the responsibility of raising your child 27/7, at 3 yrs old this is not a big issue, the child can dispute anything on their credit file that was opened while the child was underage and it will be removed, supposingly it should drop of in 7 to 8 years anyway, if not "what" the child have like 15 years to even apply for credit, leave her alone, what problem is it causing you right now, just knowing it? This is not a life or death situation, and using your child's name to get cable don't make her a bad mom, maybe she's experienced some  financial problems before, and can't go back and fix that, don't turn the cable off because I guaranty you your child watches it faithfully. Peace out and good luck with your decision and remember your child needs both of you.
336244
Debit cards and credi cards are differnt. Credit cards allow you to buy something now, pay for it later. Debit cards take it directly out of your account. (Like a check) Also, she may have had her parent's sign for her to get it. I'll give you some advice: Don't get a credit card this early in life. Wait until you have a wonderful job and a lot of financial smarts.
844176
As a parent who has celebrated 30 years and passed our "Pearl Anniversay" I will say that there is probably not much that they want.  In my personal opinion a card is all that is necessary - a lot of thought goes into the purchase of a card.  \n\nBut I agree, if you want to do something nice either send them to a show with dinner after, or take them and enjoy the show yourself.  \n\nNot sure where you live, but West End Shows can be fab.
1043220
The seven years is almost up, don't waste the money.  It's not a subpoena, just a shakedown letter.  It may not actually get removed from her credit report after seven years, but it shouldn't be taken into account by new creditors.  It was charged off, so they're out the money and she's out her credit rating.