If You Have No Income You Can't Have A Credit Card

According to the report by Fox 4 News, "Michelle Obama and Ann Romney... would not qualify for a credit card." This does sound odd, as one would think Michelle Obama would be one of the most likely women in America to pay back a debt.

(Who cares? Why even bring it up?) 

The news report went on to state, "Consumer FinancialProtection Bureau right near the White House with a stack of petitions. The 50,000 signatures were from people who want the government to let banks count household income for adults applying for credit cards."

What's important to remember is that the person with an income can apply for the credit and have a card issued in their spouses name. This rule isn't targeting women, as men who stay at home with the kids are having to follow the same rules. If a credit card is that important to you, have your spouse apply.

from http://business.gather.com/viewArticle.action?articleId=281474981338380