report labeled APPLE CARD - GS BANK USA or GS BANK USA. It may take up to 45 days from the time of activity for that information to appear on your credit report. Some personal credit monitoring services may take longer to refresh your information after the credit bureaus have published it...
A report from January 13 revealed the bank's consumer credit division lost $1.2 billion in nine months last year, and the losses were primarily related to the Apple Card. "In the consumer platforms, we did some things right. We didn't execute on some others," Solomon told CNBC on ...
If you were denied because of being hacked or so, you should request the proof of that, report that to all three credit bureaus, then call GS Support and explain the situation. Armed with that proof to present to them, they should have simply reissued a card instead of closing the...
Re: GS loses $1.2 B mostly due to Apple card I'd wager this is the holdout in expanding the AC beyond the US. Other potential banking partners are watching Goldman and so prudently staying on the sidelines. I'd also wager that Goldman, with large losses, a big round of l...
Chase could be the best partner for Apple Card, a report proposes, with previous history between the bank and the iPhone maker seemingly making it the best possible successor to Goldman Sachs for Apple's credit-based service.
This is risky for the bank backing the credit card, because they take losses when they aren't repaid by borrowers. People will want to blame the banks or the lack of fees, because that's easy to say, but it's really the number of Apple Card customers who haven't been making ...
No matter what bank Apple uses to manage the Apple Cash card, these same regulations would still apply and just as seen with the other cash apps, suspensions will happen that Apple has no control over. Cash account are under much more scrutiny then any Credit account, such as AMEX, simply...
No credit card required Get Access Now sccredit Valued Contributor 03-15-2021 11:46 AM Apple Card I think I'm going to give up on the Apple card alotogether. I was reading the BK Friendly Creditors thread and saw a number of Apple Card approvals with BK's newer than mine....
The report says the partnership has had issues from the start. Apple ran ads saying that Apple Card wasn't from a bank, the company insisted on customers getting their bill at the start of each month, andregulatory scrutinyoccurred as a result of the partnership. ...
Apple’s first credit card willdebut this summerin partnership with Mastercard(MA)and Goldman Sachs(GS), the issuing bank. Notably, the card is built into the iPhone’s Apple Wallet app, and a physical, laser-etched titanium card is optional. The card has no annual or foreign transaction ...