tag:blogger.com,1999:blog-12423159.post317552632374393941..comments2023-10-26T00:58:20.327-07:00Comments on Fraud, Phishing and Financial Misdeeds: What a santuary city (Los Angeles) thinks of BofA and their no SSN credit-card productEd Dicksonhttp://www.blogger.com/profile/17591588411216721185noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-12423159.post-22972329653744903692007-03-10T09:39:00.000-08:002007-03-10T09:39:00.000-08:00Interesting - just read another blog post indicati...Interesting - just read another blog post indicating the interest rate is 20 something percent for these products.<BR/><BR/>Along with a deposit - ouch!<BR/><BR/>Thanks for the comment.Ed Dicksonhttps://www.blogger.com/profile/17591588411216721185noreply@blogger.comtag:blogger.com,1999:blog-12423159.post-91905634534162393362007-03-09T21:27:00.000-08:002007-03-09T21:27:00.000-08:00Ed,B of A limits its risk by requiring an up front...Ed,<BR/><BR/>B of A limits its risk by requiring an up front cash deposit and by limiting the credit lines. It's not just about charging high interest rates, because if the account holder defaults and it results in a charge off, then the interest rate isn't much help. However, I am sure the interest rates are not very low either.Anonymousnoreply@blogger.com