I don’t think they’ll find a major bank that’s willing to take the accounts. Looking at the financials for Goldman’s consumer division, it seems they went into this unprepared for how consumers use credit.
I don’t think they’ll find a major bank that’s willing to take the accounts. Looking at the financials for Goldman’s consumer division, it seems they went into this unprepared for how consumers use credit.
I wonder about Barclays, a bank with infrastructure for consumer credit but you’re not seeing ads with their name. They handle branded cards for airlines, cruises, and retail.
They handled the old credit lines/cards Apple historically had back in the day.
Didn’t know that!