Originally Posted by
MidnightLight
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.
That's an obligation on the credit card companies, not a credit card applicant. No one should lie on a credit card application (it is a crime). If the application is ambiguous, however, then using household income is fine.