Tuesday, February 13, 2007

Bank of America: "Enabler of Illegal Immigration"

This is the biggest crock of crap that could ever come out of the banking industry.

It was posted on NewsMax.com. I will NEVER do business with a Bank of America again!!!

My question is: HOW CAN THIS BE LEGAL???

Bank of America Corp. has begun offering credit cards to customers without Social Security numbers, typically illegal immigrants, the Wall Street Journal reported on Tuesday.

In recent years, banks across the country have been offering checking accounts and even mortgages to the nation's fast-growing ranks of undocumented immigrants, most of whom are Hispanic, the paper said, adding these immigrants generally have not been able to get major credit cards.

The new Bank of America card is open to people who lack both a Social Security number and a credit history, as long as they have held a checking account with the bank for three months without an overdraft, the Journal said.

Bank of America tested the program last year at five branches in Los Angeles, and last week expanded it to 51 branches in Los Angeles County, home to the largest concentration of illegal immigrants in the U.S., the Journal said.

The bank hopes to roll out the program nationally later this year, the paper said.

2 comments:

Lou said...

Hey, check my blog.

I have a contact link on my blog. I do have a small blog roll and would not mind adding you to that list if you start a blog roll of your own. A blog roll will add more readers to your blog.

Angela said...

We just got something in the mail yesterday from Bank of America. I scanned and posted a copy of the offer and then blogged it. Check it out when you have time. Oh and it's good to see more people are getting on the blogging bandwagon. Bloggers are a force that the news media can not ignore. Kudos and have a great weekend!!