It looks like stay-at-home parents may not benefit from tighter regulation of the banking industry. Federal rules that will take effect this October will require credit card issuers to assess the creditworthiness of card applicants using their individual income or salary and not household income.
Do you think the rule is fair or should be eliminated?
Chase is the first to introduce a hotel-branded credit card that is equipped with EMV chip. Hyatt is the hotel chain that will be the pioneer to the next-generation card technology.
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why cant or shouldn't the banks be able to run your credit report? i asked one of the tellers behind the counter and she said they couldn't run one. neither did she ask me if I wanted to apply for a credit card either. I thought this was how they made their money.
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Carolyn
Location
Brooklyn, NY
Member Since
January 7, 2011
Stay-At-Home Moms Face Credit Card Bias
Posted in Credit Cards on May 5th 2011
3
PlentifiSorry, it is too late to edit your topic.
It looks like stay-at-home parents may not benefit from tighter regulation of the banking industry. Federal rules that will take effect this October will require credit card issuers to assess the creditworthiness of card applicants using their individual income or salary and not household income.
Do you think the rule is fair or should be eliminated?
Stay-At-Home Moms Face Credit Card Bias - Alpha Consumer (usnews.com)
Home > Money > Alpha Consumer > Stay-At-Home Moms Face Credit Card Bias If you’re a stay-at-home mom, appare...
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Simon started a discussion in Credit Cards on Mar 5th 2012
Chase is the first to introduce a hotel-branded credit card that is equipped with EMV chip. Hyatt is the hotel chain that will be the pioneer to the next-generation card technology. Read more
3
PlentifiHURLEY started a discussion in Credit Cards on Nov 2nd 2011
bank running a credit report
why cant or shouldn't the banks be able to run your credit report? i asked one of the tellers behind the counter and she said they couldn't run one. neither did she ask me if I wanted to apply for a credit card either. I thought this was how they made their money. Read more
2
PlentifiSorry, it is too late to edit your topic.