Impact of new credit card regulations on SAHP's

iVillage Member
Registered: 11-22-2000
Impact of new credit card regulations on SAHP's
1062
Wed, 10-19-2011 - 11:38am

I saw a little bit about this this morning, and immediately thought of this board.


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iVillage Member
Registered: 01-15-2006

I don't think my husband should be able to use my income to obtain credit unless I am informed/cosign.

 

iVillage Member
Registered: 01-15-2006

look it up and you might find out that banks were sued because of negligent practices, then tarp bailed them out. nobody knows what would have happened if the government didn't bail them out but there is the opinion by some that those big banks should have been allowed to fail, the strong would ahve survived.

 

iVillage Member
Registered: 07-17-2007

Does your DH say the same thing?

iVillage Member
Registered: 01-15-2006
Lol, i was just kidding. but wine sounds like nice compensation!

 

iVillage Member
Registered: 01-15-2006
there are no 10,000. credit limits for college students.

 

iVillage Member
Registered: 01-15-2006
or you could just pay for stuff with cash... nevermind. ;-)

 

iVillage Member
Registered: 08-22-2009

iVillage Member
Registered: 08-22-2009

iVillage Member
Registered: 06-04-2003

The problem is it happens a lot - especially in a failing marriage. Usually 1 person is planning to divorce and the other is blind sided. That gives the 1 person time to mess with the finances.

The first thing a divorce lawyer does is a credit check and puts in paperwork that future spending of the estranged spouse is not the obligation of their client.

An abused woman or any woman

iVillage Member
Registered: 01-15-2006
i do more shopping than he does but yes, i'd imagine if he was offered a credit card he would kindly decline it or offer up the same line. i don't get the idea of you and your husband having separate credit cards, does that mean you apply for credit wtihout him knowing about it?

different strokes i guess.

 

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