Reply to Enlighten me about SAHMs and credit cards

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[quote=Anonymous][quote=Anonymous]I didn't read the law, but I could easily see where a SAHP would be upset.  I would imagine that for those families that have decided that one parent stay at home,[b] they have viewed it as a partnership where one parent brings home income and the other manages the household[/b].  I know lots of families where the SAHP manages the finances.  So to tell that person that they can't get a credit card is insulting.  They have "income" in that they made a decision that their partner would earn the income.  They are allowing that person to earn the income by taking care of everything else.  While not a SAHP, I do take on more at home to allow my spouse to thrive at his work.  I imagine this would be multiplied if I were a SAHM.

While I do see the need to crack down on credit, I do feel that most of the responsibility falls on the credit card holder.  While I can understand there may be instances where the government needs to step in to safeguard those who may not know better, I do think it is easy to go too far in the other direction.  I would think the law would have a way of taking into account marital status and just look at household income.  [/quote]

I think the lines are getting blurred because some are valuing their worth based on whether they can get an individual credit card.  the key is what this pp said that I bolded - if a couple chooses for one parent to stay home, they decided to view it as a partnership dividing up the responsibilities.  therefore, you must apply for credit cards as a partnership.  the point is that you have to take your choice of partnering to the end - not use it for one aspect of your life, but not the other.

[quote=Anonymous] Undermining the treatment of the marital couple as a single financial unit (though, again, assets to pay off credit card bills, etc. are owned equally) shifts financial power toward the person who received the pay check.[/quote]

And if you take emotions out of it, this is actually true - the parent making the money DOES have the financial power.  If that parent died or became disabled or couldn't work anymore for whatever reason, the family unit would no longer have income coming in.  If the SAHP died or became disabled or couldn't work anymore, the family would still have income coming in.  It has nothing to do with self worth or judgment or value - it's just a fact that the WOHP is the one bringing in income to the family, so that parent should be on the hook for the credit.  [/quote]

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