Bank of America’s New Credit Card Targets Illegal Immigrants

In recent years, banks across the country have been offering checking accounts and even mortgages to the nation’s fast-growing ranks of undocumented immigrants, most of whom are Hispanic, the paper said, adding these immigrants generally have not been able to get major credit cards.

()()What happens when these illegals go back to Mexico and the Bank of America can’t get them to pay up? The cost of credit for the rest of us goes up and the rate of return on our savings goes down. Banks shouldn’t be in the business of helping law-breakers.

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