People Twitter

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1950s family (slrpnk.net)

submitted 1 day ago by [email protected] to c/[email protected]

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[–] [email protected] 27 points 1 day ago

there was nothing preventing women from having bank accounts before 1974.

Depending on which banks were available in her area, she may still have been unable to open a credit card despite it being legal to do so. Prior to 1974, it was legal for banks to require a man’s signature for a woman to open a credit card, and many banks chose to require this. According to this article from the Smithsonian Magazine, some banks also applied a 50% reduction to womens’ wages when calculating the credit card limit for an applicant.

I agree that the facts are very frequently misrepresented.