Apple Card lender is reportedly approving applications at a high rateWhat you need to know
Apple Card lender is approving a high number of applications according to a report.
Apple reportedly wants to make the card accessible to most people.
An Apple Card customer with a FICO score of 620 confirmed he was approved.
Apple wants to cast "a wide net for customers."
With the Apple Card roll out in full swing this week, a lot of people have been applying to get Apple's new credit card. Though some are being denied, many more are being approved according to a report from CNBC.
Per the report, Apple wants to make the Apple Card as accessible as the iPhone, so it nudged Goldman Sachs, the lender of the card, to approve a large majority of applications so as to be inclusive and provide a good user experience.
The bank, which is in charge of deciding who gets the Apple Card, is accepting some applications from users with less-than-stellar credit scores, according to people with knowledge of the matter. Goldman began to make the card available to some App...
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Apple Card lender is reportedly approving applications at a high rate
