Teenagers and young adults with no income and few assets are sometimes prime targets for credit card companies.In response,Congress in 2009 passed the Credit CARD Act,which requires that anyone under age ________ must have a cosigner or prove they can repay any debt.

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The U.S.Congress passed the Credit CARD Act of 2009,which offers protections for college-aged students and requires that anyone under 21 must now have a cosigner or prove he or she can repay any debt.

Teenagers and Young Adults with No Income and Few Assets