You most likely know a girl who wasn’t allowed to get a bank card on her personal at one level.
Reply: 1974
The Equal Credit score Alternative Act handed in 1974, which “prohibits discrimination on the idea of race, colour, faith, nationwide origin, intercourse, marital standing, or age in credit score transactions.”
Questions:
- Which girls in your life would have been adults earlier than this legislation (ie. are 70+)?
- Had been you stunned at how not too long ago girls couldn’t get bank cards on their very own? Why or why not?
- Hypothesize: which girls would have had the MOST entry to bank cards earlier than this legislation? The LEAST?
- What impacts do you assume this credit score discrimination had (socially and financially)?
Click on right here for the ready-to-go slides for this Query of the Day you should utilize in your classroom.
Behind the numbers (Smithsonian):
“Earlier than 1974, actually, if you happen to have been a single girl, you nearly all the time wanted your father, brother, or different male family member to co-sign loans for you, even if you happen to made extra money than they did. If you happen to have been a married girl, you possibly can not get hold of bank cards in your individual identify—you possibly can solely get a card as Mrs. Your Husband’s Title. After which, irrespective of how fastidiously you paid the payments and managed the account, the credit score historical past accrued solely to him. Because of this, in case your husband died otherwise you divorced, it was practically unimaginable so that you can get hold of a mortgage.”
About
the Writer
Kathryn Dawson
Kathryn (she/her) is happy to affix the NGPF group after 9 years of expertise in schooling as a mentor, tutor, and particular schooling trainer. She is a graduate of Cornell College with a level in coverage evaluation and administration and has a grasp’s diploma in schooling from Brooklyn School. Kathryn is trying ahead to bringing her ardour for accessibility and academic justice into curriculum design at NGPF. Throughout her free time, Kathryn loves embarking on cooking tasks, strolling round her Seattle neighborhood together with her canine, or lounging in a hammock with a e book.
