The Federal law doesn’t provide any restrictions about issuing credit cards to minors. In fact, credit card companies consider teen-agers as a very profitable market.

According to some surveys, there are so many college students who graduate with unpaid student loan debts. For the students, these surveys should make them aware of their responsibilities.

Many credit card companies see the marketing potential in college students. Credit card companies use promotional offers and free gifts.

Credit card debt is very common to students. Most of the youth don't pay much attention on managing their credit cards properly.