If women's financial rights are removed

[Marthe48]

How will that work? I'm a widow, and my husband left me our joint belongings. My income is based on his earnings. Is my financial autonomy safe? Should I put everything in a trusted male relative's name?

I just read another list of things women weren't alllowed to do, even until 1974, after I was married. The idiots don't seem to mind destroying the economy, if it means they can ruin as many lives as possible.

[Irish_Dem]

1. I'd keep everything in my name for now.

If they start confiscating women's assets, cash and property, they will probably send us
to concentration camps and we won't need our assets anyway.

And if times get really desperate, trusted males might not be so trustworthy.

[PoindexterOglethorpe]

2. Somehow I doubt that women's financial

rights will be removed.

I can also assure women that well before 1974 it was possible to do things like rent an apartment or get a credit card without a husband or father signing.

[Lifeafter70]

3. I have real life experiences

That disagree with that. After my divorce I couldn't get a small loan or credit card without a co -signer. My auto insurance dropped me. I had good driving and credit while married. During my marriage (1969-1982) I found I needed my husband signature for a variety of things including health care.

[Autumn]

4. Single or divorced women could rent but it was actually cheaper to buy a house

than rent for a woman. 1974 was the year of women's financial liberation. Before that it was technically legal for financial institutions to refuse loans to unmarried women, or to require them to have a male co-signer. Women were able to get credit cards in their own names, without a male co- signer in 1974 after the Equal Credit Opportunity Act.

[PoindexterOglethorpe]

6. While I didn't buy a house back then,

I can only repeat that I had zero trouble getting credit cards and the like as early as age 18, in 1967.

Maybe it's just that I was single, and banks, etc. were assholes to married women.

[Zackzzzz]

5. My friend, a single woman teacher

was not able to buy her house without a male co-signer in 1972.

[PoindexterOglethorpe]

9. Where did she live?

Some states even today seem to be unaware that women are full citizens, and can vote, stuff like that.

I was in Tucson, Arizona, then the DC area at age 20. And as I've said, had no trouble getting credit cards in that time, the mid and late 1960s.

The other question about the teacher needing a co-signer, was her income just a bit low? That's often what triggers needing a co-signer, not gender. In my youth, I witnessed several times where someone naively co-signed for a loan, or a rental, or some such. Then the actual borrower disappeared, leaving the co-signer stuck paying it back.

[Timeflyer]

7. The Equal Credit Opportunity Act, 1974, finally allowed women in the United States to buy property

without a male to co sign. Denial like that happened to my aunt. Women usually didn't know about this heinous little rule until they needed that loan.

[Marthe48]

8. I haven't had trouble but I want to keep it that way

When my husband was alive, we both signed on all the loans and such. I have a good credit rating on my own now. I worry and maybe I shouldn't, but I want to be prepared for whatever is ahead.

I'll bookmark this post.