Thread: Bank of America offering credit cards to illegal immigrants

Originally Posted by CrocketsGhost

My point is that offering credit cards to those who don't have an SSN or "credit history" is something that could benefit millions of actual native born Americans who have been shut out of the credit card world for the last ten years since the SSN (which those Americans choose not to have) became the de facto identifier for credit. Many of us have good credit histories which were readily access with alternate information (home address, DOB and mother's maiden name) UNTIL the rules changed on us in the mid 1990s. Now such honest Americans cannot obtain credit cards and have difficulty obtaining home loans with less than 40% down.

So the fact that this program may aid illegal aliens does not speak to the value of the program itself, given that there are real Americans who need such access.

Ok, that makes sense. So if the program needs to be modified to allow Americans to get the cards but still EXCLUDE those illegally here. Thanks for clarifying Crocket.

Originally Posted by CrockettsGhost

UNTIL the rules changed on us in the mid 1990s. Now such honest Americans cannot obtain credit cards and have difficulty obtaining home loans with less than 40% down.

I didn't know this.

Originally Posted by cvangel

Originally Posted by CrocketsGhost

My point is that offering credit cards to those who don't have an SSN or "credit history" is something that could benefit millions of actual native born Americans who have been shut out of the credit card world for the last ten years since the SSN (which those Americans choose not to have) became the de facto identifier for credit. Many of us have good credit histories which were readily access with alternate information (home address, DOB and mother's maiden name) UNTIL the rules changed on us in the mid 1990s. Now such honest Americans cannot obtain credit cards and have difficulty obtaining home loans with less than 40% down.

So the fact that this program may aid illegal aliens does not speak to the value of the program itself, given that there are real Americans who need such access.

Ok, that makes sense. So if the program needs to be modified to allow Americans to get the cards but still EXCLUDE those illegally here. Thanks for clarifying Crocket.

There you go. I apologize that I sometimes forget that people have no idea what I'm talking about without a more in-depth explanation.

Originally Posted by loservillelabor

Originally Posted by CrockettsGhost

UNTIL the rules changed on us in the mid 1990s. Now such honest Americans cannot obtain credit cards and have difficulty obtaining home loans with less than 40% down.

I didn't know this.

Yep, I can't remember the exact year that the changes started coming down, but as someone without an SSN I noticed them pretty quickly. I would say that it was early in Clinton's first term that a lot of the banking and credit regs changed. The first time I had someone tell me that they could not pull my credit record without an SSN was about '94 or '95 if I'm not mistaken. Just after that they started talking up the legislation that became the requirement (that isn't actually a requirement, but is administered as if it is one) of an SSN in order to obtain (or keep) a DL.

I know that people think I am nuts when I start talking about my refusal to take an SSN because of the warnings against the charagma in the Book of Revelations, but the law that required an SSN in order to hold a DL or other professional licenses is 42 USC Sec. 666. No foolin'!

I know that people think I am nuts when I start talking about my refusal to take an SSN

I did at first. Then I realized I took on the number just like all the other robots in the Matrix without even considering there may be a price.

Originally Posted by loservillelabor

I know that people think I am nuts when I start talking about my refusal to take an SSN

I did at first. Then I realized I took on the number just like all the other robots in the Matrix without even considering there may be a price.

When I was a teen and I learned what the actual word used by John was (charagma) and what it meant, I felt pretty sure that the SSN fit the description. Every year that passes and the manner in which the SSN and its uses changes convinces me that I was and am right about the damned thing.

This irks me to think when I came from Canada I was told I had no credit rating here yet and had to wait to get a credit card. I had a good credit rating back in Canada where English is spoken and it is not a banana republic but it didn't matter to them. I ended up keeping some of the Canadian ones incase of emergency.
As for a prepaid card as they claim, Eastern European credit unions did the same several years ago.

Just got this e-mail from Frosty Wooldridge

Dear friends,

Our country is being sold out by our president, Congress, big business and banks. I urge you to write and call Bank of America and tell them you detest them giving credit cards to illegal aliens. They do it for profit and not for America. This will give illegals even more ability to remain and imbed themselves illegally into our country. With millions more, our country, language and culture will be finished. We'll add 100 million people in 30 years. We will not be able to save ourselves or our children if we allow this to continue. Send this to all your networks. Thank you, Frosty Wooldridge P.S. I cancelled my checking account with B of A today.

In a message dated 2/13/2007 12:51:38 PM Pacific Standard Time BofA goes to far! This endangers everyone in this country. All they care about is profit. If you bank with them, stop it and tell them why. The word is BOYCOTT. Try and get a friend or two to do a protest rally at your nearest branch. You do not need a large group to make your point. I guarantee you you will have an effect. Take OLD GLORY and make a card board sign. Bof A selling out Americans safety, etc. This is an open invitation to fraud and (THERE WILL BE) and TERRORISTS. Why are US citizens held to a higher standard than illegal aliens?


Please forward this email
TELEPHONE RALLY
Bank of America https://www.bankofamerica.com is offering credit cards to customers without a social security card (illegal aliens). *Read at end of this email.


CALL

CORPORATE AFFAIRS Bank of America
415.717.0195


CALL
TOLL FREE NUMBER - when phone is answered pres "O" for operator - you may have to hold
California

1.800.622.8731

ALL OTHER STATES

1.800.432-1000



EMAIL FORM: BANK of AMERICA
https://www2.bankofamerica.com/contact/ ... D&state=CA





Write a postcard/letter
Bank of America CEO
Kenneth D. Lewis
Chairman, CEO and President
Bank of America Corporate Center
100 North Tryon Street
Charlotte, North Carolina 28255






*ARTICLE
http://www.marketwatch.com/news/story/b ... 64E7AAE%7D

Bank of America offering credit cards to illegal immigrants





By Steve Gelsi


Last Update: 8:06 AM ET Feb 13, 2007





NEW YORK (MarketWatch) -- Bank of America (BAC : BAC Last: BAC) is offering credit cards to customers without Social Security numbers in an effort to pursue illegal immigrants and grow its business, the Wall Street Journal reported Tuesday. While checking accounts and mortgages have been offered in the past, it's been difficult for undocumented workers to get major credit cards and therby develop a credit history. The bank has been quietly testing the program to provide credit cards to customers who hold a checking account for three months without an overdraft. Last week, the bank rolled out the program in 51 branches in Los Angeles, with plans on the books for national expansion later this year. Bank of America charges a higher interest rate and an upfront fee for the cards

It seems that everyone has pointed out the pros and cons here, but BoA has made no secret of their helping illegal aliens. The millions they give to La Raza yearly and some of their staff even wear BoA t-shirts with a mexican flag and saying on the back.

I believe it's time that federal law required a valid birth certificate, work permit or immigration visa to obtain a bank account.

Thanks for the email info UB.
I just sent them an email filled with disgust