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Women could most certainly establish credit and open bank accounts and own real estate, even as far back as the 1800s. My great grandmother raised three childre
by chrisco255 3y ago
Women could most certainly establish credit and open bank accounts and own real estate, even as far back as the 1800s. My great grandmother raised three children as a widow in the middle of the Great Depression. Being a widow was quite a bit more common in those days as war killed a lot of young, married men with children. And disease took quite a few others. At any rate, she worked a factory job, and owned her own house. And ran her own checking account.
There were even programs available to women (and men) for obtaining a mortgage, such as the FHA program established in 1934: https://en.wikipedia.org/wiki/FHA_insured_loan https://en.wikipedia.org/wiki/FHA_insured_loan (this program is still around)
- janalsncm 3y agoThe point is that discrimination against women was widespread enough that it required a federal law against it in the 70s to rectify. That doesn’t mean discrimination always happened or it was impossible to get a loan or open a bank account. Just like the 1964 civil rights act. It’s not that discrimination against race or sex or religion always happened, but it happened enough.
- ffgjgf1 3y agoWasn’t the 70s legislation mainly about married women being able to open their own accounts without the consent of their husbands? I find it hard to believe that there were many banks which refused to open accounts for single women or especially widows?
- egberts1 3y agoWells Fargo, First Interstate Bank, NationsBank, Penn Square Bank, Pacific Capital Bancorp, to name a few. Source: my divorced single-mom grandmother and her incessant complaints about them.