Evolving Personal Finance » Entries tagged with "SAHPs"
Why Do Stay-at-Home Parents Need Their Own Credit Cards?
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
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