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I don't think so, unless they can pay the bill at the end of the month.
Some adults shouldn't even have credit cards.
For once, you and I totally agree on something!
Since children are born irresponsible, and most do not become responsible until they are well into their thirties (some never become responsible), they should not become holders of credit cards until they have achieved that level of responsibility where they actually can be trusted. Some will never achieve that.
Here is an interesting case that actually happened – A young person enlisted in the USAF during the time that the USAF was experimenting with government issued credit cards instead of handing out bi-weekly paychecks. This young person was a California high school graduate with a fairly high grade point average, however this young person did not seem to have any concept of personal money management. It took this young person less than six months to run up a debt well into five figures, along with very many other young people that were issued these government credit cards. It took that one young person almost six years to pay off that debt, which had to be paid off prior to being able to receive a discharge (As I understand it, those young people had to sign that agreement prior to being issued that card). Needless to say, the experiment was a dismal failure.
How is that for an answer to your question?
Nah, we've agreed on at least three occasions in the past!
If their parents give them a credit card or co-sign then fine. But a child shouldn't be able to apply for a credit card on their own without being an emancipated adult.
No child should be aloud to own a credit card. Credit was a bad idea in te first place. It was a huge contributer to the great depression. And there is no reason for any child to owe credit to anyone, they would become spoiled rotten brats and their parents would have to bail them out.
How was credit a huge contributor to the Depression? I'm aware it was a mechanism by which the Depression spread, but how would it CAUSE the depression?
Or put another way, what do you suppose did cause it in the first place? (as a hint: it was not margin calls or even bank liens on mortgages).
People were using credit to buy things they couldnt afford. The housing economy was another reason for it. Credit cards should not be given to anyone. Kids cant even manage their own money, so how could they be trusted with it?
1) Neither of those things has much of anything to do with the Depression. It's possible the housing market affected the recent recession, but it had almost zero play during the late 20s to mid 30s.
2) If kids cannot manage their money, how do you propose to teach them to manage it (especially credit) if they cannot get any?