Miss sold a credit card what now

Debt_Hero_2

She needs to check her credit history see what is happening with the debt.

Personally i dont think its unenforcable so she will probably have to pay it back.. but she could arrange a payment plan with the bank herself and only pay a small amount each month and maybe even stop any interest.

dmg24

cbservices wrote: »

A/ No i am not as thick as her

Did you really mean to call your gf thick?

ElkyElky

In regards to this thread title, "Miss sold a credit card", I can't see how she was miss sold it.

She was 18 when she took the card, therefore it was entirely her decision to sign the credit agreement. She got into trouble because of her irresponsibility and it is entirely her fault for not thinking of the consequences of her actions. At 18, she should have been mature enough to understand what a credit card is, and the implications of using one.

I honestly can't sympathise with naive kids who get into debt without considering how they'll be able to repay it. It's not free money and they certainly shouldn't be applying for any sort of financial product if they can't comprehend that.


On that note, I think the legal age should be raised to 21 for all credit facilities. Some kids these days are so naive and lack common sense, it's unbelievable.

elfen

Erm no, she wasn;t mis-sold it, she was stupid enough to think that it didn't need paying back, and therein lies the problem

vaporate

ElkyElky wrote: »

In regards to this thread title, "Miss sold a credit card", I can't see how she was miss sold it.

She was 18 when she took the card, therefore it was entirely her decision to sign the credit agreement. She got into trouble because of her irresponsibility and it is entirely her fault for not thinking of the consequences of her actions. At 18, she should have been mature enough to understand what a credit card is, and the implications of using one.

I honestly can't sympathise with naive kids who get into debt without considering how they'll be able to repay it. It's not free money and they certainly shouldn't be applying for any sort of financial product if they can't comprehend that.


On that note, I think the legal age should be raised to 21 for all credit facilities. Some kids these days are so naive and lack common sense, it's unbelievable.

As opposed to the 'old days'? Same every generation, just foreign to yours. :cool:

I agree with the age of 21 though for attaining credit cards.

Errata

is there any way she can get rid of this debt.

She could sell a kidney, and she'd have enough left over for a nice pair of shoes.

bingy_burge

elfen wrote: »

Erm no, she wasn;t mis-sold it, she was stupid enough to think that it didn't need paying back, and therein lies the problem

I have heard it all now!!!

During my time as an estate agent in devon town where inbreeding was rife I had two 16 year love birds pop in and ask me about getting a morgage to buy a house thinking it was it was the thing to do so they could live together!!!

I thought that was stupidist thing I had ever heard but now an 18 year getting a credit card and didn't think she had to pay anything back. Its free money!!!

I hope you have taught her the birds and the bees as well as how credit cards work!!!

Is she a vunerable adult and you met her in a position of trust(Liker her carer)!!! :rotfl:

simon_templar_2

Errata wrote: »

She could sell a kidney, and she'd have enough left over for a nice pair of shoes.

She would not get much for selling her brain :money:

beckyangel

At 18 I managed an emergency credit card perfectly fine alongside all the household bills, a job and a baby its all about good money management. Is it just me or are teenagers getting worse?

Jakg

No, the stupid people are just more visible...

I'm 18, and have managed not to get thousands in debt...