this post was submitted on 31 Jul 2023
12 points (100.0% liked)

Apple Card

3 readers
1 users here now

founded 1 year ago
MODERATORS
[email protected]
12
Apple Card: Goldman likely stuck, Amex unlikely contender, Tim Cook once denied - 9to5Mac (9to5mac.com)
submitted 1 year ago by [email protected] to c/[email protected]
5 comments fedilink hide all child comments
 

I don't think they'll find a major bank that's willing to take the accounts. Looking at the financials for Goldman's consumer division, it seems they went into this unprepared for how consumers use credit.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 11 months ago (1 children)

They handled the old credit lines/cards Apple historically had back in the day.

[–] [email protected] 2 points 11 months ago

Didn’t know that!