the reason that credit card companies have restrictions on giving new cards to anyone under age 21 is to…

the reason that credit card companies have restrictions on giving new cards to anyone under age 21 is to help young people avoid credit card debt before they have the ability to pay debt. that having a credit card can prevent young people from getting a college loan. because only parents can legally make purchases for their children under 21. that parents want to be able to monitor purchases made by their children until 21.

the reason that credit card companies have restrictions on giving new cards to anyone under age 21 is to help young people avoid credit card debt before they have the ability to pay debt. that having a credit card can prevent young people from getting a college loan. because only parents can legally make purchases for their children under 21. that parents want to be able to monitor purchases made by their children until 21.

Answer

Answer:

to help young people avoid credit card debt before they have the ability to pay debt.

Brief Explanations:

Credit - card companies aim to protect under - 21s from unaffordable debt.