February 14, 2007

Bank of America gives credit cards to illegal immigrants in LA

“Bank of America Corp. has begun offering credit cards to customers without Social Security numbers, a group that typically includes illegal immigrants. According to The Wall Street Journal, the BofA card is open to individuals without a Social Security number or a credit history, as long as they have held a checking account with the bank for three months without an overdraft. Charlotte, N.C.-based BofA tested the program last year at five branches in Los Angeles. Last week, BofA expanded it to 51 branches in Los Angeles County, the newspaper says. BofA is the largest bank in Los Angeles.”

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