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Title: Apple Card lender is reportedly approving applications at a high rate Post by: HCK on August 11, 2019, 04:05:24 pm Apple Card lender is reportedly approving applications at a high rate
What 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... Source: Apple Card lender is reportedly approving applications at a high rate (http://feedproxy.google.com/~r/TheIphoneBlog/~3/LGFizWfYr-o/apple-card-lender-reportedly-approving-applications-high-rate) |