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The article discusses the downsides of point-of-sale financing. Topics covered include a comparison between point-of-sale lending and credit cards, the point-of-sale lenders' penchant for targeting young audiences, and the challenges consumers face in using these financing options. Also discussed are some tips for inexperienced budgeters using these services.

There was big interest when Apple partnered with Goldman Sachs and introduced Apple Card, but the two never managed to introduce the Cupertino credit card outside the US. In other words, Apple and American Express could potentially reach customers on an international basis in a way Apple and Goldman Sachs couldn't stretch to. There was a lot of interest when Apple introduced Apple Card with Goldman Sachs, but the Cupertino credit card never expanded beyond the US. [Extracted from the article]

There was big interest when Apple partnered with Goldman Sachs and introduced Apple Card, but the two never managed to introduce the Cupertino credit card outside the US. There was a lot of interest when Apple introduced Apple Card with Goldman Sachs, but the Cupertino credit card never expanded beyond the US. In other words, Apple and American Express could potentially reach customers on an international basis in a way Apple and Goldman Sachs couldn't stretch to. [Extracted from the article]

Focuses on the credit-card industry in Japan. Cultural and economic factors which inhibit the growth of this industry; How Japanese credit card companies have been overshadowed by the industry for consumer loans; Signs that credit card use may be increasing in Japan; How consumer-finance firms are buying credit-card companies.

This article presents information on the consumer finance industry in Japan. Since the early 1990s, the industry has been a rare success story in Japan's bleak financial-services market. The value of outstanding loans has risen at a double-digit pace and now stands at $100 billion. Consumer loans dominate turf that is shared in other rich countries with overdrafts and credit-card debt. The top consumer-finance firms have sophisticated risk-management systems, and could teach the banks a thing or two about managing credit risk.