Celia's First Credit Card Offer

How sweet. Celia got her very first junk mail offer -- a credit card of her very own.

Now, I'm not privy to credit score calculations, but can a six week old newborn really have a high enough credit score to be receiving offers already? Her income isn't all that steady yet. Anyways, she can get up to 48,000 airline miles for signing up for a card. Is that right? The banks have adjusted their risk management models, right?

I really don't think that the big american banks needed a bailout. They need something else altogether.