rob53

gatorguy said:

omasou said:

 The only reason I can fathom for so much whining is maybe b/c Apple customers pay their bills and GS isn't making "as much" from interest and fees?

sunman42 said:

kelemor said:

All the billing is done electronically so how is hard to send it at the same time. Computers should be doing everything. 

I read the article as saying the issue with a single billing date was the impact on customer service: presumably, all the customers calling with billing issues call in the same, few days per month window, instead of spread out through the month. That leads to the conclusion that Goldman regrets having to hire more, low-wage, Tier 0 customer support people to keep us overprivileged Apple types happy.

For what it’s worth, I, too, have had zero problems with my Apple Card. Hope Apple can find a more competent, consumer-credit savvy home for it.

rob53 said:

omasou said:

Since when has airing your dissatisfaction publicly help to attract a company to take ownership of your problem child? /s

EDIT: Love the card, love the customer service, love the Apple Cash/Savings, love the first of the month billing. The only reason I can fathom for so much whining is maybe b/c Apple customers pay their bills and GS isn't making "as much" from interest and fees?

Last part is the key. Maybe, just maybe, people who buy Apple products are better at personal finances than non-Apple product users.

Reportedly, it's just the opposite.

Apple Card accounts have a higher write-off rate, which means the users aren't paying their bills, than the industry average which is 2.93%. That rate of card write-offs is worse than even sub-prime lenders experience. 

Now couple that with the fact a whole lotta' Apple users have credit scores under 660, which resulted in nearly a quarter of the Apple Card accounts going to those with credit scores less than that. I realize that goes against the prevailing wisdom that Apple-using folks are inherently good money managers. 

Other companies aren't willing to take on the risk the Apple Card represents, putting GS in a quandary of what to do now.

Not disputing but are you able to point to GS documentation?

omasou said:

Since when has airing your dissatisfaction publicly help to attract a company to take ownership of your problem child? /s

EDIT: Love the card, love the customer service, love the Apple Cash/Savings, love the first of the month billing. The only reason I can fathom for so much whining is maybe b/c Apple customers pay their bills and GS isn't making "as much" from interest and fees?

Last part is the key. Maybe, just maybe, people who buy Apple products are better at personal finances than non-Apple product users. I'm retired drawing social security and some IRA distributions every once in awhile but my credit score is in the 800's because I pay off my bills every month and don't have a ton of credit cards maxed out. I'm surprised my credit score is so high because I'm not the type of person who pays lots of interest every month. That's the type of person credit card companies love because that's how they make money. Growing up my bank gave me 5% interest on savings accounts but now they don't give you anything, depending on credit card interest income to survive. I would like to see Goldman Sach's interest income on the Apple Card to see what percentage of Apple Card users pay off every month. I assume by Goldman Sach's comments, way too many do. If this is the case, Apple should do a serious investigation into being a credit card company since it might not cost them very much. 

Maybe the CCI should spend more time investigating all the India-based scammers. Let's get rid of them before discussing unfair practices by Google and Apple.

avon b7 said:

Just recently I had to setup a new iPhone and the setup process definitely pushes the user to include cards in Apple Wallet/ Pay. 

Here you go again. There's an obvious "skip" button when setting up any iOS device. You're not forced to enter or accept much of anything. It's actually very easy to set up any Apple device without an Apple ID or any of the normal configurations. You have to proactively enter everything. Apple does, however, make it very easy, a lot easier than any other computer ecosystem, to set up every Apple device, especially the iPhone. They also make it very easy to move data from an old phone to a new phone. This is why I've only purchased Apple devices since the early 90's. I want Apple's ecosystem, I don't want someone else's garbage forced on my Apple devices, especially not by countries who have nothing good to offer. As for Apple fees, they aren't any different than any other credit card company. Actually they're better because I (maybe not you) can buy Apple products on time using the Apple card without any monthly interest as long as I pay my balance off. I haven't paid Apple any fees for a very long time so this lawsuit is a non issue. 

I've tried OpenCore and it simply doesn't work that well on older Macs. New macOS depends on new hardware and when you try and emulate that hardware to get it to run on older Macs, the Mac simply doesn't run that well. I've seen the latest usable macOS running better than using OpenCore with the latest macOS. Sometimes it's just better to run an old Mac with older software.