Will Bank of America loan illegal immigrants the $5,000.00 needed if the Amnesty bill passes?

Question

Bank of America is jumping at the chance to Aid Criminals in our country... An article in the USTINETnews states:

"We are willing to grant credit to someone with little or no credit history", international card services Director Lance Weaver says.

The new program is open to people who lack both a Social Security number and a credit history, as long as they have held a checking account with the bank for three months without an overdraft, The Wall Street Journal reports.

Most adults in the United States who do not have a Social Security number are undocumented immigrants, the newspaper said.

Lets just say Bank of America should change its name to Bank of Mexico and you can rest assured that I will never Bank there.

Here is the Link: http://news.usti.net/home/news/cn/?/biz.industry.banking/2/wed/au/Uus-bankofamerica.Ri8n_HFD.html

Answer 1

And what happens if they do not pay it back???

I guess the American people will be paying yet again for these people.


Send them all BACK kids and all.

Answer 2

Bank of America better named Bank of Greed. They see this as an opportunity to collect about 50% interest plus late fees from the few that actually make the payments on the cards and they don't need the ones that don't, they still will line their pockets. Bank of America is bunch of money hungry mongrels and I'm not just saying this because of this.
What ethical company would encourage illegal immigrants to patronize them and to top it all end up screwing them.
Whose worse? The illegals who just want to feed their families or Bank of America for supporting people who broke the law.

Answer 3

All banks are in the business of making money. You can bet they are not going to loan that $5000 to someone without a big catch attached to that loan! If I were an illegal, I sure would not go any place near them cause they are going to be taken for a big ride!

Answer 4

Maybe they will give immigrants they need if The Amnesty Bill is pass

Answer 5

I'm sure many lending institutions will. The same 1's who consistently loan more on a house than the house is worth.

Answer 6

LOL funny you should say that because I heard someone today discussing this and they were saying what a boon it would be if they did loan them the money or have it put on their credit card. Problem is....I don't like it because they are taking advantage of these people and if they think 5000 is too much.....just wait to see what it ends up costing them .......and of course that will be our fault too as if enough of us hasn't fell for the plastic money trip.

Answer 7

I despise BOA as well as most other banks.

This is why I belong to a credit union. All banking institutions hate credit unions because credit unions actually work for their customers frist, the dollar second.

Answer 8

I've already closed most of my accounts with them. I'm finding that me not speaking spanish, they are hard to work with.. I did ask a customer no service rep when will they formally change the name to Bank of mexico and she was very indignant.

Answer 9

Probably. BoA was recently fined $25 million for funneling billions to Muslim terrorists in the Middle East. Of course $25 million is nothing for BoA since it made billions in profits last year.

Do You Think A $25 Million Fine Is Not Enough For Bank Of America Funneling Billions To Terrorists?
http://answers.yahoo.com/question/index;_ylt=AnNP.feBajBcH49UpzdpVcLhQAx.?qid=20070412151956AAcpSSQ

Answer 10

I bet they do, and that will be the end of Bank of America because they will never see a dime of that lent money.


Taco Bell on the other hand will become richer than wall mart and the pentagon combined.

Answer 11

I have my own professional, as well as personal reasons to boycott them. If you knew and seen it with your own two eyes, you'd want convictions as well. Trust me on this. Also i'd boycott Wells Fargo, Chase and American Express as well if i were you. They need to be put out of business. i know what I'm talking about on this.

here's a link for everyone to look at as well. its seems the NCLR removed this exact info from their site, but it does not matter. because guess what, somebody is watching them as well.
http://www.manews.org/1006razamoney.html

Ron Paul 2008
http://www.ronpaul2008.com/