Is that Cash, Check, or...Ask Your Parents?

The ever increasing age of maturity will become extended with Uncle Sam's loyal soldiers implementing the Credit Card Accountability Responsibility and Disclosure Act of 2009 this week. One clause will seemingly affect all young adults under the age of 21 who must have a co-signer or provide detailed info indicating they can make the payments. So if your planning extravagent spending sprees on credit (perhaps on raging party gear?) that mom and dad may not know about, think again.

...boy is it becoming difficult to grow up these days!


-MFE