Banks are planning on launching a pilot program where they will issue Credit Cards to people with no credit. Totally not sus...

News 📰 | Media 📱

https://www.wsj.com/articles/jpmorgan-others-plan-to-issue-credit-cards-to-people-with-no-credit-scores-11620898206

I don't remember how I stumbled onto this article, but I thought it might be worthy of discussion. I am aware that it doesn't pertain precisely to GME, but I figured since these are the banks currently working against GameStop that the timing of this is suspicious af!

In a fairly regulated and clean market I think this would be a great opportunity to help people establish credit where they may need a bit more than a secured credit card offers. Good thing the banks are well known to keep an eye on risk management. /s

Beware of paywall.

Posted May 18, 2021, 11:11 PM UTC

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