this post was submitted on 28 Nov 2023
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Why don’t they just tighten up the lending standards, so they don’t have such high losses? Seems like they’re giving cards to absolutely everyone who asks for it whether not they are a financially stable customer.
It was like that but then some woman got denied and wrote an article about how its unfair that her husband qualified and she was denied, the story grew and GS had to lower their standards by a lot