Not really trying to be sneaky...but just curious really. Like the free flight deals or Disney $200 gift card Visa deals, could my hubby apply for one and me apply for a totally different one?
I think the latest credit card laws will make it difficult for you to get a card on your own. Instead of household income, a lender is supposed to look at the individual's income to determine their creditworthiness.
Apparently the law is mandatory later this year, but I many credit card companies are already making the change. So, if you are going to apply, sooner is definitely better than later. Good luck!
http://www.creditcards.com/credit-c...parent-credit-cards-household-income-1282.php
I think the latest credit card laws will make it difficult for you to get a card on your own. Instead of household income, a lender is supposed to look at the individual's income to determine their creditworthiness.
Apparently the law is mandatory later this year, but I many credit card companies are already making the change. So, if you are going to apply, sooner is definitely better than later. Good luck!
http://www.creditcards.com/credit-c...parent-credit-cards-household-income-1282.php
I think the latest credit card laws will make it difficult for you to get a card on your own. Instead of household income, a lender is supposed to look at the individual's income to determine their creditworthiness.
Apparently the law is mandatory later this year, but I many credit card companies are already making the change. So, if you are going to apply, sooner is definitely better than later. Good luck!
http://www.creditcards.com/credit-c...parent-credit-cards-household-income-1282.php
couldn't tell it by my household. My son is in his 2nd year at Marshall. The boy has gotten 2 visas already with absolutely no job. the first from bank of America. I actually called them to complain about him not having any freakin income and you know what they said...."we based some of our clients on their future ability"
And if the kid turns into "boo-boo the bum" who are you going to try to hit up for the money?
I not only got approved but got a huge increase in my credit limit (I was actually happier with the lower limit, though).
Just wanted to point out that all SAHM should get their own credit card. If the unthinkable happens, it is good to have your own established credit.
couldn't tell it by my household. My son is in his 2nd year at Marshall. The boy has gotten 2 visas already with absolutely no job. the first from bank of America. I actually called them to complain about him not having any freakin income and you know what they said...."we based some of our clients on their future ability"
And if the kid turns into "boo-boo the bum" who are you going to try to hit up for the money?
You can call and request a lower limit. I've done this over the years with the credit card I use for online orders. A lower limit will minimize the hassle if the card number gets stolen.
couldn't tell it by my household. My son is in his 2nd year at Marshall. The boy has gotten 2 visas already with absolutely no job. the first from bank of America. I actually called them to complain about him not having any freakin income and you know what they said...."we based some of our clients on their future ability"