Originally Posted by
sonofagunk
Did they change the rules now where you CAN use household income? My wife is now a stay at home mom and she could not get any cards in her name since her income is now $0
It was part of the Card Act, and adopted Fall 2011.
There was a further rule changed proposed in October 2012 that just ended the 60 day comment period. If adopted household members over age 21 will have to check a box that asserts they will have access to the household income on their apps.
I am no psychic, but I think this will be adopted, and I think it will be in the first half of the year. I track this pretty closely for the same reason.