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In reply to the discussion: Who remembers life for women before RBG? [View all]csziggy
(34,131 posts)I had a small savings account and a checking account. A male friend just had a checking account. We were both college students working part time jobs. I'd read that a good way to start building a credit history was to take a small loan and pay it off. My friend needed to borrow some money to repair his car.
We both applied for loans, he with no collateral other than his non-working car, me with my savings account as collateral. He got his loan, I did not. I was told that once I married, my husband could co-sign a loan for me. I promptly closed both my accounts with that bank and moved them to a different one that was happy to give me a small loan with my savings account as collateral and no male co-signer.
That was in 1973. The first bank is still in business but in the almost fifty years I have lived in this town, I have not done business with them and will never do business with them. I don't care if their policies have changed since.