_____WESTBROOK_____@alien.topB to Apple@hardware.watchEnglish · 10 months agoApple Pulls Plug on Goldman Credit-Card Partnershipwww.wsj.comexternal-linkmessage-square195fedilinkarrow-up11arrow-down11
arrow-up10arrow-down1external-linkApple Pulls Plug on Goldman Credit-Card Partnershipwww.wsj.com_____WESTBROOK_____@alien.topB to Apple@hardware.watchEnglish · 10 months agomessage-square195fedilink
minus-squareAudioGoober88@alien.topBlinkfedilinkEnglisharrow-up1·10 months agoConsumer credit is a shitty business for companies
minus-squareAudioGoober88@alien.topBlinkfedilinkEnglisharrow-up1·10 months agoThey’re payment processors, they don’t issue credit.
minus-squarenqthomas@alien.topBlinkfedilinkEnglisharrow-up1·10 months agoAmex has the lowest expectance rate. I’ll probably cancel this card if it goes to them.
minus-squareAudioGoober88@alien.topBlinkfedilinkEnglisharrow-up1·10 months agoGood consumer banking business from transaction volume, the actual lending of consumer credit is a minuscule % of their business.
Consumer credit is a shitty business for companies
VISA, MC etc do very well
They’re payment processors, they don’t issue credit.
Amex has the lowest expectance rate. I’ll probably cancel this card if it goes to them.
or Chase
Good consumer banking business from transaction volume, the actual lending of consumer credit is a minuscule % of their business.