Before I knew it, he's already over-spent it and I don't know how to pay it, since we're not rich. Is there also a fault on the cc company's part. Because they've approved his application without further inquiry about his age? Help....
2006-06-26 23:58:56 · 19 answers · asked by CedDigorry 1 in Politics & Government ➔ Law & Ethics
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.
2006-06-27 00:01:35 · answer #1 · answered by Ashley 5 · 2⤊ 0⤋
Take the card away from him and make him pay the amount he's spent. Why blame who ever issued him the card in the first place. Your son is to blame and could face penalties under law which is something you might want to check on. By forcing the issue with the credit company it could cost the boy more then what you think in a long run and completely destroy his credit record for years to come. Your walking a tight rope on this.
2006-06-27 07:15:11 · answer #2 · answered by AL 6 · 0⤊ 0⤋
Contracts made with a minor are binding on the company, not the minor. What this means is, that the credit card company has no claims against a minor, but the minor can make a claim against the company, if applicable. If your son doesn't want to pay, or doesn't have the funds to pay, then it tough luck for the credit card people. But they are liable to "blacklist" him for credit, when he becomes of age, if he chooses not to pay his debt. The choice is yours. I personally would opt to pay the bill for him, so he might not get blacklisted later on when he needs credit. It is the moral thing to do. You may consult with a lawyer to confirm what I have told you.
2006-06-27 07:08:14 · answer #3 · answered by WC 7 · 0⤊ 0⤋
Call the credit card company.
But, just to scare the crap out of the kid, I would make him get a job and pay you the money back that he spent. (I would take that money and perhaps set it aside for college...or his future legal defense.) I mean, he should be taught that he isn't getting away with anything and he has to pay his debts. (Don't you hate unsolicited parenting advice?)
I have to ask...If you are not rich, and the kid started showing up with a bunch of new stuff that you didn't pay for, wasn't there a red flag moment for you at some point? What did he buy for cryin out loud? I hope this card had a minimal limit!
2006-06-27 08:05:42 · answer #4 · answered by kelly24592 5 · 0⤊ 0⤋
Wow....My son is under age and he was found with a fake ID and fined $400.00. There is an accountability issue with your son ...but the credit card co. can not legally make a contract with a minor. But they were deceived. If your son is old enough to get a credit card and go shopping by himself then he is old enough to get a job and pay his debt...a lesson in life...you will have to bargain with the credit card co. for lower payment/intest ratesz...otherwise...you are responsibe for your minor child and his actions and also his debts...I learned this the hard way. Teach your children well. If you tell him it is not his fault and poor baby...then you are teaching him to be a con artist.Good luck I agree with alstroth.
2006-06-27 07:02:39 · answer #5 · answered by toe poe gee gee oh 5 · 0⤊ 0⤋
First of all, your son should be punished in some reasonable way. Secondly, the credit card company is responsible. You can't legally contract with a minor. They should have checked him out. My first wife has been dead for nearly 22 years and still gets frequent approvals for lines of credit.
2006-06-27 07:27:47 · answer #6 · answered by rhymingron 6 · 0⤊ 0⤋
The first thing I would do is go to the credit card company and explain the situation. I mean its their fault they approved the card and it is somewhat your son's fault for lying. Either way both parties aren't right and I don't think you should be the one paying it.
2006-06-27 07:01:41 · answer #7 · answered by swtdelicaterose 3 · 0⤊ 0⤋
I would contact the credit card company and your local legal aid and ask the question of them. The credit card company should have done their due diligence. Too bad your son is starting his life out with his credit ruined.
2006-06-27 07:37:00 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Yes it is their fault for not trying to verify his age but his fault for lying. Since he is a minor and you didn't know about it till you did -- you aren't liable --- CC Company is. Go to a lawyer who specializes in credit/brokerage for in-depth help and legal action.
2006-06-27 07:05:36 · answer #9 · answered by Marj 2 · 0⤊ 0⤋
U must fight with the CC company and complain about the irresponsible verification that they have done.But still you will have to pay the expences this is what I feel.And U must highlight their officials that their marketing executive has made a mistake just because he must be trying to reach his targets
2006-06-27 07:06:26 · answer #10 · answered by Samesh 2 · 0⤊ 0⤋