FiendishForkApple discontinuing Apple Card financing for phones without carrier connection
The explanation from Apple does not give “why” they are removing financing for carrier unlocked phones.
Is this pushback from the major carriers?
Is GS trying to reduce their liability by offloading financing to major carriers?
So many questions unanswered.
Most likely is GS trying to cut down on credit card lending, like all banks are now, and this is an easy way for them to do it without saying that they are. Of course they won’t come out and say that, which is probably why there’s no explanation or big announcement for this