Evolving Personal Finance » Entries tagged with "CNN"
Why Do Stay-at-Home Parents Need Their Own Credit Cards?
![Why Do Stay-at-Home Parents Need Their Own Credit Cards?](https://evolvingpf.com/wp-content/uploads/2012/05/Screen-Shot-2012-05-20-at-2.18.31-PM-150x105.png)
I read an article last week on CNN Money with a premise that I found absolutely ridiculous. The article covered a group of stay-at-home moms (parents?) who were protesting a portion of the Card Act that requires that credit issuers evaluate a credit applicant based on his/her individual income instead of household income. The result was that some stay-at-home parents with good credit scores have been denied credit cards when they applied for them in … Read entire article »
Filed under: credit cards, income, marriage