FlyerTalk Forums - View Single Post - Questions about annual income on credit card apps [Consolidated]
Old Mar 3, 2012 | 1:25 pm
  #4  
MidnightLight
10 Years on Site
 
Join Date: May 2010
Programs: UA MileagePlus
Posts: 140
The Fed clarified last year that under the CARD Act, credit card companies generally must consider only individual income when evaluating credit applications. The one allowed exception is for applicants in "community property" states (CA, AZ, TX, etc), where spouses are basically assumed by default to jointly own all property.
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