2006-10-13 01:24:40 · 5 answers · asked by Anonymous in Business & Finance ➔ Credit
Wow it sounds like you want to get overextended in the shortest amount of time! Good luck, you'll need it!
also, they will give you as much as your salary warrants, it is the credit card companies choice.
2006-10-13 01:29:39 · answer #1 · answered by marie 7 · 0⤊ 0⤋
I am a mom to 4 kids. They are 27, 25, 21, and 9. My 25 year old son just had to move back home because he got caught up in using too many credit cards, got over-extended, had his car re-possessed, and had his room mate skip out on him (the only thing he really had no control over). The only good credit card is the one you can get with a low interest rate, no membership fees, and with a credit limit that does not exceed the amount of money you have in your savings account. Credit card companies do not have your best interest as their priority. You must protect yourself financially. At 17, it is frightening to think about how many credit card companies are willing to give you a credit card with an obscenely high credit limit. If you have a job and can always pay the total amount due every month, then a credit card can help you establish and build good credit. I recommend you stay away from credit cards at such a young age. Getting caught in the credit trap takes years to dig out of and costs you many thousands of dollars in interest.
2006-10-13 08:48:56 · answer #2 · answered by sevenofus 7 · 0⤊ 0⤋
You can try and sign up for as many as you want, but you will be denied 100% of the time. You have to be 18 to sign a contract legally, and that's what a credit card is.
2006-10-13 11:34:20 · answer #3 · answered by KL 5 · 0⤊ 0⤋
In the US, none. You can't legally enter into a contract until you are 18, and a credit card agreement is a legally binding contract.
2006-10-13 08:38:55 · answer #4 · answered by Ralfcoder 7 · 0⤊ 0⤋
credit cards can ruin your life....stay away from them!
2006-10-13 08:30:27 · answer #5 · answered by Anonymous · 0⤊ 0⤋