Comments on: How the Credit CARD Act Affects Young Adults

By: 3 Lessons My Parents Never Taught Me About Credit Cards | Realm of Prosperity

Wed, 28 Jul 2010 12:32:05 +0000

[...] these lessons and avoid some of your own credit card disasters! Simon’s Note: With the new Credit CARD Act legislation, credit cards are much less accessible by young adults under 21 years of age. But [...]

By: Should I Invest in BP? | Realm of Prosperity

Should I Invest in BP? | Realm of Prosperity — Mon, 21 Jun 2010 12:32:51 +0000

[...] actions against BP and the legislations that might result from this incident. Just as the Credit CARD Act has stifled the earning potential of banks, new laws could arise and weaken oil companies or just [...]

By: No Credit Cards Under 21? You Can Still Build Credit | Realm of Prosperity

No Credit Cards Under 21? You Can Still Build Credit | Realm of Prosperity — Mon, 24 May 2010 14:03:50 +0000

[...] the Credit CARD Act of 2009 has put a lid on credit card access for anyone under 21 years old. Luckily, there is a tiny crack [...]

By: 10 Common Money Mistakes of New College Graduates | Realm of Prosperity

10 Common Money Mistakes of New College Graduates | Realm of Prosperity — Fri, 05 Mar 2010 14:04:47 +0000

[...] 5. Abusing the credit cards. This is an easy one to fall into, and not just by college graduates. Upon graduation, the world is yours and all you can think of is jumping on the high paying job that you were trained for and letting the cash roll in. If it takes a little while that’s okay, because you have credit cards and you can pay them later, right? Unfortunately, the high paying job doesn’t always land at your feet as soon as you take your gown off and you certainly don’t want your entire salary going to paying credit cards – something that the recent CARD act hopes to assure. [...]