Well isn't this nice. Our businesses and companies aren't necessarily hiring them outright, but they are catering to them. Continuing to court the burgeoning market of Latino immigrants, Bank of America said today it is test-marketing credit cards for Spanish-speaking customers who may not have Social Security numbers. Question: What ...
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02-13-2007, 06:41 PM
| #1 | ||||
| Banned  Conservative Government is another way to say Better Than You 
| Bank of America to offer credit cards to illegal immigrants Well isn't this nice. Our businesses and companies aren't necessarily hiring them outright, but they are catering to them.
Answer: We pay. | ||||
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02-13-2007, 06:47 PM
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| Audaces fortuna iuvat  Moderate Northern VA
| worst. idea. ever. | ||||
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02-13-2007, 06:51 PM
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| America Fuck Yea Election Moderator  Republican In Name Only
| wow, who approved this  | ||||
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02-13-2007, 06:54 PM
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| Baka  Idealist Adelaide, Australia
| Easy solution: Close BOA account | ||||
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02-13-2007, 07:04 PM
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| America Fuck Yea Election Moderator Republican In Name Only
| Originally Posted by Kytro 
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02-13-2007, 07:09 PM
| #6 | ||||
| Political Genius  Republican Yorba Linda Ca.
| Another reason to HATE Bank of America!  And how do you go about collecting debt when some of these people use three or four different names, ID's, and move about all the time?
__________________ Sock It To Me!  "Bureaucracy is a Parasite that Preys on Free Thought and Suffocates Free Spirit!" - Douglas Adams | ||||
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02-13-2007, 07:15 PM
| #7 | ||||
| Banned Conservative Government is another way to say Better Than You
| Originally Posted by Kytro I think I'm going to do it tomorrow.
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02-13-2007, 07:18 PM
| #8 | ||||
| Baka Idealist Adelaide, Australia
| Originally Posted by ballz2wallz They obviously believe there is money to be made, or they wouldn't do it
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02-13-2007, 07:21 PM
| #9 | ||||
| Banned Conservative Government is another way to say Better Than You
| Originally Posted by Kytro Obviously.
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02-13-2007, 08:20 PM
| #10 | ||||
| Better Dead than Red  Democrat "My friends, we’ve got them just where we want them.”
| Originally Posted by Kytro for every acct closed, 8 more will be opened
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02-13-2007, 08:44 PM
| #11 | ||||
| Baka Idealist Adelaide, Australia
| Originally Posted by SoFlaJDM As I was saying, if you don't like the policy, you close your account. It does not matter so much if this idea works or not.
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02-13-2007, 09:24 PM
| #12 | ||||
| America Fuck Yea Election Moderator Republican In Name Only
| Originally Posted by SoFlaJDM how do they plan on collecting bad debt? The way they do now is hold your credit score over your head and other banks won't loan to people with previous credit problems. But when you can't keep track of people effectively, how are they going to collect bad debt and stop loaning people money with bad credit?
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02-13-2007, 09:28 PM
| #13 | ||||
| helluo librorum The Lab Moderator  Humanist Chicago Suburbs
| Free market guys. It's not BOA's job to get rid of illegals. | ||||
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02-13-2007, 09:29 PM
| #14 | ||||
| Banned Conservative Government is another way to say Better Than You
| Originally Posted by kinggovernor They won't.
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02-13-2007, 09:41 PM
| #15 | ||||
| America Fuck Yea Election Moderator Republican In Name Only
| Originally Posted by Scrumtralecent I have no problem with them doing this, I am not a BOA customer. But I would like to see their business model when it comes to collecting bad debt
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02-13-2007, 09:42 PM
| #16 | ||||
| America Fuck Yea Election Moderator Republican In Name Only
| Originally Posted by ballz2wallz they are betting that get a higher market share of illegals is worth all the bad debt being written off
 plus regular citizens that have bad credit and will abuse the system | ||||
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02-13-2007, 09:43 PM
| #17 | ||||
| Braccae tuae aperiuntur.  Reform Party NJ
| My mother works for Bank of America. I don't see what the big deal is about giving illegals credit cards. You can often take out credit with overseas banks. If it starts costing "us" money we have the option of changing banks. | ||||
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02-13-2007, 09:43 PM
| #18 | ||||
| helluo librorum The Lab Moderator Humanist Chicago Suburbs
| Originally Posted by kinggovernor They must have a plan.
Maybe they are secured CC's? | ||||
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02-13-2007, 09:44 PM
| #19 | ||||
| Better Dead than Red Democrat "My friends, we’ve got them just where we want them.”
| they make plenty of money off of fees... also they only plan on offering these credit cards to the 'lower risk' customers... | ||||
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02-13-2007, 09:44 PM
| #20 | ||||
| helluo librorum The Lab Moderator Humanist Chicago Suburbs
| Originally Posted by JaJae True. It's not like banks really care about international borders when it comes to customers nowadays.
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