Bank of America doing this just doesn't make a whole lot of sense to me. Cards for lawbreakers. 28 million eligible.
Sure, that 21.24% interest is gonna make 'em a lotta cash.
I'm no banker, but I think this will come back and bite us in the a**. In the end whose interest and costs are going to go up when they start defaulting? It sure ain't gonna be the bank.
I hope their net is big enough to reign 'em all in
