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| It Is Critical For Married Women To Establish Credit In Their Own Names. |
| Woe to the woman who divorces or is widowed when she discovers she has no credit history, and that what she thought was credit in her name is actually in her husband’s! This is a major cause of poverty in older women (who stayed at home and never worked outside) when they apply for loans or a mortgage and discover they are a financial nonentity. Responsible couples must establish separate checking and banking accounts and credit cards in both of their names. It is also necessary to put the wife’s name on the house deed and mortgage account. |
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For and Against Recent Activity
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