Bank of America

By nancy sivill | February 15, 2007

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Again I'm finding big business is selling us out. I'm referring to Bank of America's decision to provide credit cards for illegal immigrants. They will need no social security number only a payroll ID number (for three months). Then they can obtain credit at a high interest rate--I believe 21.9% was quoted.

I have had a credit card with MBNA, who has merged with Bank of America, for about 10 years and I don't believe my rate is much lower. My MBNA card was obtained as it was affiliated with the university from which I am an alum--some part of purchases through the credit card go back to your university.

I remember when I obtained my card--I needed a SS#, mother's maiden name, yearly income etc. and I am a legal citizen. BofA says they are not breaking any laws. That might not be as they have found a loop hole. However, they are aiding and abetting illegal immigrants and making it easier for them to remain here.

We need to discontinue perks such as this as well as free education, in-state tuition, free healthcare etc. So yesterday I took action and I hope you will do the same. I called the local Bank of America and expressed my displeasure with them.

Then I called MBNA and verified that they had merged with BofA and then requested to cancel my credit card. During the process, the employee asked for the last four digits of my SS#. I asked her what would happen if I said I didn't have one -- she was at a total loss for words.

I also called my university, informed them and asked them to evaluate their business links. Most universities subscribe to this type of credit card promo. If yours does, make your voice known -- it could have a big impact!


 

Bank of America
Started February 15, 2007 - First 1 of 1 comment(s)   View all comments
February 17, 2007 06:50 PM
Member Since:
February 16, 2007

Comment updated May 14, 2007 07:25 PM

Your  take  on  these  credit  cards  is  excellent.  I  have  much  of  the  same  thoughts  as  you.

1.  As  a  US  citizen,  if  you  helped  a  criminal  in  ANY  way  you'd  be  put  in  jail  and/or  fined  for  doing  so.  Is  the  BOA  above  the  law?  That's  called  aiding  and  abetting  is  it  not?

2.  This  is  also  a  good  opportunity  to  bring  a  class  action  lawsuit  against  BOA  for  discrimination.  To  whit:  Why  should  you  as  a  taxpaying  CITIZEN  of  this  country  have  to  give  your  SS#,  mothers  maiden  name,  address,  etc.,  when  the  illegals  don't?  The  less  information  you  give (especially  your  SS#)  the  less  the  chance  you'd  suffer  identity  theft.  Am   I  wrong  on  that?

3. I  wonder  if  BOA  would  give  anyone  who's  a  citizen  of  this  country  a  card  with  just  the  information  the  illegals  are  required  to  give?  We  should  try  it  and  see  what  they'd  do. 

4. When  these  illegals  default  (and  they  will)  on  these  cards  who  will  pay?  It  will  be  the  citizens  who  own  legal  cards!!!  BOA  will  simply  charge  higher  interest  rates  to  make  up  for  their  losses!!!

 

 

 


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