All I know is the rep on EXP told me they are aware of it and that it will fall off after 5 years and that other posters had it work for them.
If they really analyze the income, well, hopefully it's based on then because I did make less than $25k. This law was my only hope and now I am truly depressed/worried I'll be locked in for another 2 miserable years after many years of that hell.
God, the system sucks. My gf works hard, can't get a card but an irresponsible 18 year old can. I work my ass off and am clean for years but something from 2004 is 'new'/recent and I am a prisoner still because of it. It's borderline criminal. 7 years is too much. Even guys with BK's can get prime cards and I never will until these gd things are off.
I might just suggest she use BoA and let the system tell her she isn't worth taking a chance on while 12 million kids get a chance to max out their cards. At this point I'd rather just focus on $ and let cc companies all die a hard death and focus on just securing a mortgage. I basically just want to give up.