Bank of America offering illegal immigrant credit cards.
--Does it defy federal immigration law?
--Are they just profiting off illegal immigration?
--Are we becomeing comfortable with illegal immigration?
--Hurt the economy? (Bad credit risk)
~High interest rate hitting around 21%
~Credit limit of around $500.
~SafeSend program already active, which allows immigrants who open a checking account in the United States to transfer money to a bank in Mexico where it can be retrieved by a third party.
Monday, June 23, 2008
Wednesday, June 18, 2008
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