Personal Finance Advice and Commentary

Thursday, February 17, 2011 2:56 pm
By Lucy Lazarony · Bankrate.com

Getting a credit card may get tougher for stay-at-home moms. A proposed rule from the Federal Reserve Board could prevent a stay-at-home mom without independent income from being approved for a credit card in her own name. According to the proposed rule, credit card issuers must consider a person’s independent income rather than household income