this post was submitted on 19 Jul 2023
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If these losses are actually due to the Apple Card, then these cardholders are also consistently not paying their credit card bills
I have a feeling Goldman isn’t the only one feeling the hurt. Really has no issue on who issues or what the card is but can the people has a whole pay any. And as we are seeing the answer is no. High rates on goods means debt is the last to be paid.