got a secured credit card from bank of america
CapitalOne is a great place to start if you're looking to rebuild your credit. Depending on which card you apply for, you can determine the amount for your initial deposit. I started with a $50 deposit for the CapitalOne Secured Platinum and was given a credit line of $250. It will be a start to something better
BofA offers unsecured credit cards without having a SSN or ITIN
5THE SECRET HISTORY OF THE AMERICAN EMPIRE
The Financial Crimes Division (FCD) plans, reviews, and coordinates criminal investigations involving Financial Systems Crimes, including bank fraud; access device fraud; telemarketing; telecommunications fraud (cellular and hard wire); computer fraud; automated payment systems and teller machines; direct deposit; investigations of forgery, uttering, alteration, false personification, or false claims involving U.S. Treasury Checks, U.S. Savings Bonds, U.S. Treasury Notes, bonds, and bills; electronic funds transfer (EFT) including Treasury disbursements and fraud within Treasury payment systems; fraud involving U.S. Department of Agriculture Food Coupons and Authority to Participate (ATP) cards; Federal Deposit Insurance Corporation investigations; Farm Credit Administration violations; fraud and related activity in connection with identification documents and fraudulent commercial, fictitious instruments, foreign securities. The Division also coordinates the activities of the U.S. Secret Service Organized Crimes Program, and oversees money laundering investigations. (U.S. Secret Service, 2006, Financial Crimes Division Mission Statement).
THE SECRET HISTORY OF THE AMERICAN EMPIRE
It could be because, in Canada, as a student you are still issued with a SIN number that starts with a 9 where banks clearly identify you as a non immigrant of Canada on Student Visa. Thus you received Credit Card. That temp SIN was used as your identification.
Since you have no such identification in USA, they might not be accepting your application. If you have a SSN or at least an ITIN (Individual Taxpayer Identification Number), they can sufficiently identify you and thus provide SECURED or UNSECURED card of THEIR choice.
The Secret History of the Credit Card Essay 616 Words | 3 Pages. turned the credit card business, which before was losing money, into an immensely profitable business.... tickets online, or place an advanced order for something, there is a very good chance a credit card number will be required. Yet, credit cards are relative newcomers to the world of credit. In this article we will explore how credit cards evolved from flimsy strips of cardboard into a trillion-dollar empire. Credit Cards: A Brief History :- The idea of lending money through a card goes as far back as the 1800s. According to the 2005 FDIC Banking Review's paper called "Overview of Recent Developments in the Credit Card Industry", merchants and financial intermediaries provided credit for agricultural and durable goods. The cards soon began to spread to other industries. Hotels and department stores presented their most valued customers with paper identification cards. The cards were mostly used at that one location; however, some local merchants would accept the competitors' card. It wasn't until the late 1950s that Bank of America (NYSE:BAC) introduced the BankAmericard, the first general purpose credit card. The bank created a separate credit card operation entity that in the mid 1970s became known as VISA (NYSE:V). In 1966, competing banks spawned rival cards as a result of Bank of America's success. This network of bank owners later created an association that came to be known as MasterCard (NYSE:MA). Throughout the years, the credit card industry has been the subject of much...