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That $1,000 iPhone X too pricey? Goldman Sachs wants to help finance it for you

Goldman Sachs is in talks with Apple to help customers finance their purchases of the $1,000 iPhone X or other expensive gadgets with a loan,  reports the Wall Street Journal . Their loans charge about 12% interest on average, compared to the 20% and more charged by many credit cards. It’s the latest sign that the Wall Street giant wants to expand into consumer lending, such as its 2016 launch of Marcus , an online tool that helps people refinance their credit card debt. Read the full story here  (behind paywall).

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That $1,000 iPhone X too pricey? Goldman Sachs wants to help finance it for you

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