Apple card is now under Experian

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Apple Card users say a report on their credit card usage now appears on Experian, the consumer credit reporting company, AppleInsider reported.

Disclosure of Apple credit card user information had been restricted to TransUnion, the Chicago-based consumer credit reporting agency.

AppleInsider said it received an email from a reader with an Apple card who noticed a change in his Experian credit report when he checked his report on July 19, the online outlet reported.

Typically, credit card companies provide reports to all credit reference organizations, but there is no obligation to do so.

Apple Card partner Goldman Sachs last year confirmed it reports the user’s credit information to TransUnion, which is named in the vouchers that come with the card, but do not refer to Experian or Equifax.

Earlier this month, Apple launched a website for Apple cardholders to check balances and do business online. The site, map.apple.com, allows users to log in and see their balance, payment due date and total card limit.

Apple last month launched a program to help refused Apple Card applicants improve their solvency. The “Path to Apple Card” program should appear as an optional method for those who want to get an Apple Card but do not have the required credit score.

As part of this plan, unsuccessful applicants can opt for a four-month program in which the information used by Goldman Sachs to determine creditworthiness is analyzed to help find ways to improve it so the user can be accepted at a later date.

Also last month, Apple said this will allow zero percent interest on financing options for its Mac, iPad, AirPods Pro, AirPods, Apple Pencil and other lineup, when paid for with the Apple card. The move comes after Apple offered zero-interest financing on the iPhone in December.

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NEW PYMNTS DATA: 58% OF MULTINATIONAL COMPANIES USE CRYPTO-CURRENCY

About: Despite price volatility and regulatory uncertainty, a new study from PYMNTS shows that 58% of multinational companies are already using at least one form of cryptocurrency, especially when transferring funds across borders. The new Cryptocurrency, Blockchain and Global Business survey, a PYMNTS and Circle collaboration, polling 500 executives examines the potential and pitfalls that crypto faces as it becomes part of the mainstream financial sector.


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