Family Law Prof Blog

Editor: Margaret Ryznare
Indiana University
Robert H. McKinney School of Law

Monday, June 3, 2013

Stay at Home Parents & Access to Credit

From Margaret Ryznar writing for the Huffington Post:

The rules on stay-at-home parents' access to credit have been reversed twice in the past four years but, interestingly, without much media attention along the way. This is despite the fundamental impact of the reversals on stay-at-home parents' ability to open a card in their names or to extend their credit lines without having a joint account with their spouses.

Read more here.


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Perhaps parents interested in protecting credit in divorce might want to establish separate credit card accounts before their divorce is final, so that both parents' income and assets may be considered.

Posted by: Brian Vertz Esq | Jun 7, 2013 5:38:43 PM

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