Tired of the absurdity of credit card companies, who sent credit card applications addressed to even her 6-year-old and 3-year-old children, a Chicago mother allowed her then 5-year-old son to full one out and return it to the company. To her surprise, the credit line was approved and a shiny credit card with a $600 spending limit was sent to her son.
Apparently, minors without income or any assets can be approved to spend more than they can count. Way to go, Bank of America.
http://cbs2chicago.com/local/credit.card.kids.2.750473.html
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