Help is on the way for you. If you're a stay-at-home parent being denied a credit card because you don't have income of your own. The Consumer Financial Protection Bureau will propose a rule within the next few months that will make it easier for applicants without personal income to qualify for credit cards.  Currently, an amendment to the Federal Reserve's Card Act rules that took effect last October requires credit card issuers to consider applicants' individual income instead of household income when making lending decisions.

There are tens and perhaps hundreds of thousands of individuals who perhaps have been denied access to credit as a result of the way the law was interpreted. Rather then amend or clarify the current legislation, the CFPB plans to write a new rule, which will be proposed before Congress reconvenes in November.