Personal Finance
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(US) Introducing Comingle: An opt-in UBI (Universal Basic Income) to provide a stable weekly income based upon users contributing 7% of their income
Comingle is an interesting idea that would act as a pseudo emergency fund to provide a stable week to week income for their users. It could act to stabilize your income if you have an irregular income or as an backup plan for when you lose a job or income source.
Disclaimer: I am not affiliated with them. I just got this in an email newsletter and was intrigued.
- 9to5mac.com Apple Card: Goldman likely stuck, Amex unlikely contender, Tim Cook once denied - 9to5Mac
Goldman Sachs has somehow managed to lose money on its share of the Apple Card business, and American Express has...
cross-posted from: https://lemmy.finance/post/47
> 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.
- 9to5mac.com Apple Card contributes to another $667 million loss for Goldman Sachs: ‘We did not execute well’
Back in January, we learned that Apple Card has been responsible for more than a billion dollars in losses for...