answersLogoWhite

0

Bank of America issues credit cards to people who do NOT have social security numbers or a credit history as long as they have had a checking account with them for three months without having a overdraft. That's a fancy way of saying they ARE issuing credit cards to ILLEGAL immigrants. And it's not just Bank of America! It's some other banks, too!

For more information about his, check out all the links I'm leaving or do a Google search with the words "Bank of America immigrants." You'll find lots of information about this. ~Deb~

User Avatar

Wiki User

18y ago

What else can I help you with?

Continue Learning about Finance

What is BP 22?

In Philippine law - issuing a cheque without sufficient funds, punishable by imprisonment or a large fine


What are advantages of preferred stock?

One reason is raise capital for a company without sacrificing the control of company. Issuing common stock would do this.


Can a bank refuse to accept a check if the name of the issuing bank is not on the check?

Is this a hypothetical question or are you aware of a bank that actually does not print its name on its checks? Banks can refuse to accept checks they believe to be counterfeit, and a check without the name of the issuing bank on it sure sounds like it might be counterfeit to me.


What type of financing is issuing a stock considered as?

Issuing a stock is considered equity financing. In this process, a company raises capital by selling shares of ownership to investors, who become shareholders. This method allows the company to obtain funds without incurring debt, but it does dilute ownership among existing shareholders. Equity financing is often used for expansion, development, or operational needs.


What is self issuing credit?

Self-issuing credit refers to the practice of individuals or businesses creating their own credit system, often by extending credit to themselves or to customers without relying on traditional financial institutions. This can involve issuing promissory notes, establishing personal loans, or creating a credit line based on trust and mutual agreement. While it allows for more flexible and personalized financial arrangements, it also carries risks, including the potential for misunderstandings and lack of formal recourse in case of default.

Related Questions

Is it difficult for immigrants to find a job in America?

It is very difficult for new immigrants to find jobs in America because they have to know English and have to have knowledge of the job that they are trying to start. The only job really they can get without any English skills are a job at being a day laborer.


Whats the impact of illegal imagrants?

The impact of illegal immigrants is that they are overpopulating America. Too many of them are coming in without permission so they one day will overpopulate America. we need to kill them all!!!


How do you select an object in Photoshop without background so as to bring to other background of coreldraw?

How do you select an object in photoshop without background so as to bring to other background of coreldraw? Girani


Why did Somalian people move to America?

Some came to the Americas as explorers. Other groups of colonists came to America searching for the right to practice their religion without persecution. Many of the other immigrants to the American colonies came for reasons that were economic.


Is there a state or city without any illegal immigrants?

No


How did immigrants made it without getting cought?

hiding


Where can an H1B visa holder get a credit card?

I know someone who got one from Wells Fargo... You might also try Bank of America. They were issuing credit cards to people without proof of US citizenship and without SSN's. Not sure if they're still doing it though.


What can happen if you write a check and there is no money in the account?

# The cheque would bounce # The bank would charge you penalties for issuing cheques without sufficient funds # The person to whom you gave the cheque may sue you for issuing cheques without funds.


How did immgration affect American history?

Immigration effected American history in every way. Without the first immigrants, the Pilgrims, establishing colonies on North America, the United States would not exist. We would not have the transcontinental railroad without Irish and Chinese workers.


What is BP 22?

In Philippine law - issuing a cheque without sufficient funds, punishable by imprisonment or a large fine


Why does the government sometimes give monopoly the power to a company by issuing a patent?

The company can then profit from their research without competition.


Why does the government sometimes give monopoly power to a company issuing a patent?

The company can then profit from their research without competition.