Panamaniak

mystigo said:

My company obsesses over privacy issues. We do annual code audits, we do regular mandatory individual and group training, we consider it at every step of the development process. How is it people at these companies just don't seem to care? Not even slightly. The only effort they make is to encrypt the data they should not be taking in the first place. That could be interpreted as an attempt to hide what they are doing. It probably isn't, but it does seem like a possibility.

It’s this way by design. I don’t think this is overlooked by any means. Wall Street has made Data an extremely valuable commodity, it’s here to stay that’s for sure. 

Yikes, here we go again. My parents have these and admin them on Android phones. Tried to get me some for Xmas, I took a hard pass, specifically for this reason. 

First:   Good job on a great plan getting your debt/interest payments under control.   Too many people never figure out what you figured out and then have had the discipline to stick to...

There are essentially two ways to make automatic payments:   Either have your bank send a check every month (it's how I do my monthly bills) or have the company charge your credit card --- so I doubt if they would care what kind of card it is...

*   Well, there is a third way, have the company do an ACH transaction to pull it from your checking account.   But that way sucks for a whole lot of different reasons.  In fact, i hate that that's how Goldman insists on being paid for my Apple Card.  I almost cancelled it for that reason.

Thx for the reply, i have auto payments with my Amex card now. What I’m wondering is if I can get 3% cash back if I switch to my Apple Card, as that is what the article is about, or if it’ll just post as a typical CC charge @ 1%?
Ill txt costumer service tomorrow and see what they say, will try and update this if I can remember to!

Question, is there a guide somewhere on how to use my Apple Card as the default/automatic payment for my current iPhone loan? And would that get me 3% cash back as if it where an Apple store purchase, or just 1% since it’s technically not Apple Pay?

Right now I’m using my company American Express to make the payments (self employed so I’m the one paying for it...). 

I wonder how they’d handle it if you have a balance on your card and an installment plan iPhone? If you miss even a single payment most installment plans you end up paying all of the interest, so they would need to have some way of making sure the right amount of money goes to the iPhone and any credit card balance. Many banks like TCF would find some way to automatically put the money towards the credit card balance to cheat customers into paying finance fees on the phone. 

That’s my biggest gripe with the (most) current banking systems. Last year I was paying off a Chase card, at one point I needed to pull out cash for an emergency purchase, which bills at a higher interest than the regular credit purchase. When it came time to pay the bill, Chase wouldn’t allow me to pay back the cash advance first, until the remaining CC balance was zero. So every month I was hit with the ridiculously high interest charge. If I payed the minimum (I always payed more), more than half of my payment was interest fees.