Mogul of Pineapples
- Centurion Member
- Posts: 1271
- Joined: Sun Jun 01, 2008 11:32 pm
- Location: Smogland
On March 18, 2011 the Federal Reserve told banks household income can no longer be used on credit card applications. Well I generally agree with it I do find it a bit discriminatory against married couples where one person may be a stay-at-home, non-working parent.
The term "household" is vague and its understandable why some sort of ruling had to be made. Though I think it would have been more fair if spousal income was at least allowed.
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.
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