Stay-at-home spouses and partners should soon find it easier to get a credit card, according to the Consumer Financial Protection Bureau.
The CFPB on Monday sent to the Federal Register a rule proposed in October that allows credit card issuers to consider income that a stay-at-home applicant, age 21 or older, shares as a third party if it's reasonable to assume the person has access to it.
The rule will take effect upon publication and credit card issuers will have six months to comply with the new regulation, the CFPB said.
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