Originally Posted by
RetiredRoadWarrior
A very informative post, worldiswide, but I admit to being puzzled by 'issuers can't ask for household income'. Seems like they should. And seems like all cc apps ask that question.
The recent laws require the banks to ask for Individual income. But as we all know that it often is not practical therefore the banks find ways to work around this while not violating the requirements of the laws.