• BrikoX@lemmy.zipOP
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    5 months ago

    I don’t agree that it’s mild. They explicit will require credit cards as per the law, debit cards won’t work for it, which is a huge deal.

    • seralth@lemmy.world
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      5 months ago

      I mean children can get debit cards. Having a bank account has never and should never be a bench mark of age.

      Heaven sake I had a bank account at 12 years old.

      Unsecured Credit should realistically be straight up illegal to give to children.

      So no it’s not a huge deal at fucking all. Unless you have a sizeable amount of financial literacy. And don’t understand what a credit vs debit card actually mean.

      At best you can make a weak argument that having to get a credit card is annoying. But 300-500 dollar low limit free credit card with no requirements or annual fees. Is available basically from every bank in the world.

      Get it and throw it in a draw to rot for literally forever. Hell you can even cut it in half it and freeze the card. Making it a zero security risk.

      Then you have a unusable, frozen account. That exists purely as proof that your old enough to have a credit card. Even if it’s stolen it’s unusable and still perfectly safe.

      So you don’t even have to care about data breaches beyond what you currently do.