What is the punishment for lying about age on a credit card application?

Question by Deak: What is the punishment for lying about age on a credit card application?
I’m underage (16) and I got to thinking about people my age who have credit cards (and not with their parents account/consent). They’ve lied about their age on the application. Is there any punishment for this? Does anyone find out? Could a minor really get into trouble for this? Can’t you just pay off the card?

Best answer:

Answer by **()**
I really don’t think they care…as long as one makes the monthly payments.

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