Well this pisses me off to no end

And it will piss off The Southern Belle mightily when she reads this.

"One major effect of the new regulation: Stay-at-home moms (or dads) without significant outside income no longer will be able to open their own credit card accounts -- and establish their own credit histories to build their credit scores. Compliance with the rule became mandatory Oct. 1, 2011."

No credit here for ferreting this out, that goes to IOTW