4 Credit Card Options For Stay-At-Home Parents
David Bakke is a single father of a young son living in Atlanta. He writes about smart spending and financial issues on the blog Money Crashers.
Although recent credit card legislation was meant to protect consumers, it certainly had an unintended and potentially negative effect on stay-at-home parents.
Since total household incomes can no longer be taken into account for married people applying for credit, those that choose to stay at home to tend to the kids were negatively affected. However, until this mess gets straightened out (there is a new rule proposal before Congress) here are a few ways that stay-at-home moms or dads can weave their way through the madness.