That's fucking horseshit. Screw the citizens of our country that need help? Good plan.

 

Well again thats all in theory. BofA may learn it was a mistake and simply revoke this policy if they start to write off too many bad accounts. And in the future, they may only create higher interest rates/stricter terms for those who apply for the card with no social security card or proper ID.

And personally I see this as a way for BofA to directly fund terrorism...again in theory.

 

True. But you know what happens when they try and revoke the policy? Even MORE people bitch and moan about revoking it, and how it's bad for the country's image/human rights/equal opportunity/etc.

 

I should pretend to be an illegal immigrant and open a bank account with that bank without using my social security number or anything, and get a credit card, max it out, and let them look for Hose Rodrigez.

 

You have to have a checking account in good status for 3 months, proof of paying federal taxes and proof of paid bills; which while it doesn't negate easy fraud, minimizes it.

I heard something interesting on the radio on my way home. 50% of all Hispanic people currently present in the US do not have any form of bank account. And with an estimated 700-900 billion dollars of spending power, that's around 400 billion untapped dollars. That's a fair chunk of capital to sit around stagnant.

If you're honestly complaining about funding terrorism, buy less gas.

 

:rofl::rofl::rofl::rofl::rofl::rofl:

 

That isn't funding terrorism, thats funding exxon mobil. It's no coincidence they reported the highest profits in the history of the US.

 

No one is born with a credit history :doh:

And BofA is one of the biggest banks in the world...I am sure they thought this out.

I bank with Wamu anyway :run:

 

haha yeah, if you never give credit to somebody with no credit, there is no way to start building credit :dunno:

 

And Exxon magically conjures crude oil