this post was submitted on 19 Jul 2023
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Banking

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[–] Astroturfed 3 points 1 year ago (1 children)

Losses by creditors doesn't mean people aren't buying things. It's means they aren't paying their bills.

[–] dpkonofa 1 points 1 year ago (1 children)

Did I stutter? How does that happen when the card was offered to Apple buyers? These people have the money. Unless they lowered the initial entry criteria, this shouldn’t have been that difficult.

[–] Astroturfed 0 points 1 year ago

You just said they are willing to spend money. That doesn't make them able to pay it back. Apple consumers are not wealthy... Hell there's a ton of living in an efficiency apartment, paycheck to paycheck folks that buy every new iphone on release.

Getting approved for a credit card has never been that hard. You just need to be reasonably on top of your debt payments for a while, not over leveraged to a wild degree and they'll give you a new one.