Bank of Un-America - Credit Cards To Illegals
Bank of America has started a pilot program in 51 of its branches in the Los Angeles area to begin issuing credit cards to Hispanic immigrants who do not have a Social Security card or a credit history.
The bank will issue $500 limit cards to those who have a checking account in their bank for at least 3 months & will accept a Taxpayer Identification Number in lieu of an ssn or a Matricular Card issued by Mexico as i.d.
Bank of America is trying to tap into the 10-20 million illegal alien market in this country.
We find this all problematic. The Taxpayer ID number is issued to anyone without an ssn card. Every illegal in the country can get one from the IRS, thank you IRS. The Matricular card is no id at all. Mexican consulates issue these & there is no real proof that the person that gets the card is who he says he is. Yet the bank will rely on this. Then there is the problem of defaulted cards. There is no real way to trace the defaulter - heck, they don't even have to have a credit history to get a credit card. The defaulter can go back to Mexico or where ever & the American customers will be stuck with the cost of the default.
Besides presenting just another additional incentive for illegals to come to this country, this scheme can further help establish a valid indentity for terrorists coming into the country.
"It helps to further embed illegal immigrants into American society," said Steven Camarota, research director for the Center for Immigration Studies in Washington, which backs stricter enforcement of immigration laws. "It makes amnesty a fait accompli."
Though what the bank is doing is legal as it stands, we think some serious laws should be passed to stop this.
We are getting sick & tired of Federal, state & private institutions & businesses giving preferential treatment to illegals. How many Americans can get a credit card without an ssn card or a credit history or on a flimsy id?
There has been a backlash against Bank of America with many people closing their accounts. For further info click here - Boycott Bank of America
The bank will issue $500 limit cards to those who have a checking account in their bank for at least 3 months & will accept a Taxpayer Identification Number in lieu of an ssn or a Matricular Card issued by Mexico as i.d.
Bank of America is trying to tap into the 10-20 million illegal alien market in this country.
We find this all problematic. The Taxpayer ID number is issued to anyone without an ssn card. Every illegal in the country can get one from the IRS, thank you IRS. The Matricular card is no id at all. Mexican consulates issue these & there is no real proof that the person that gets the card is who he says he is. Yet the bank will rely on this. Then there is the problem of defaulted cards. There is no real way to trace the defaulter - heck, they don't even have to have a credit history to get a credit card. The defaulter can go back to Mexico or where ever & the American customers will be stuck with the cost of the default.
Besides presenting just another additional incentive for illegals to come to this country, this scheme can further help establish a valid indentity for terrorists coming into the country.
"It helps to further embed illegal immigrants into American society," said Steven Camarota, research director for the Center for Immigration Studies in Washington, which backs stricter enforcement of immigration laws. "It makes amnesty a fait accompli."
Though what the bank is doing is legal as it stands, we think some serious laws should be passed to stop this.
We are getting sick & tired of Federal, state & private institutions & businesses giving preferential treatment to illegals. How many Americans can get a credit card without an ssn card or a credit history or on a flimsy id?
There has been a backlash against Bank of America with many people closing their accounts. For further info click here - Boycott Bank of America
posted by Francis Lynn at 9:52 PM
1 Comments:
I think that solving problem with illigals in USA is very important.
So the government is trying to fix it by the different ways. This is just another way to do it. Correct or not... We'll see.
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