The CARD Act of 2009 states that credit card companies cannot issue cards to people younger than 21 unless they apply in writing and prove they have sufficient income to make minimum payments.

Students under 21 can only report personal income, allowances from family members and residual scholarship/grant money after tuition and college expenses. Students over 21 can also report income from ...

Student credit cards are often an excellent first foray into the world of credit, making many eager to get their first card. Cards geared toward college students often have low credit limits and no ...