Legal Question in Credit and Debt Law in Rhode Island
Minors and Credit cards
Last year when I was 16, i was cruising the web
and saw many banners for credit card
companies, etc., one day for the heck of it i
submitted a application with a phony birthday,
before i knew it i had 4 credit cards, and now
5500.00 worth of debt at 17 years old. I dont know
what to do, i cant afford it, and i was wrong, and
stupid for doing what i did, but i was young, what
would happen if i contacted the creditors?
1 Answer from Attorneys
Re: Minors and Credit cards
In most states you can't enter a binding contract until you are 18. I doubt that the companies can enforce their claims against you.
However, the actions you took could amount to credit card fraud, and that is something you could be prosecuted for.
I recommend you contact a criminal defense attorney in your city and do so by contacting your state bar association for the name of someone who handles cases pro bono. You need legal advice and the lawyer needs to handle this matter so that you don't get prosecuted.
I wish you good luck.
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
