Apple users have higher credit scores than Android and Windows users

“According to a sneak peak of a new report from LendingTree (full report coming soon), users of Apple Mac computers have the highest credit scores both in the personal loan and mortgage loan categories,” Curtis Silver reports for Forbes. “The report also looked at purchase requests by device (the percent of the one million loan dataset in each category) and the average final loan amount.”

“Google Android users not only had the lowest overall credit score in the personal loan category, but in the mortgage category as well. While Mac users scored the highest in both categories, they accounted for the least amount of personal loans (7.08%) and the second to least amount of mortgages (10.28%),” Silver reports. “Meanwhile, in both categories Windows users were clomping around the middle in both credit score and loan amounts, but weren’t shy about volume. Over 30% of the loan requests came from Windows users.”

“‘In both personal loan and mortgage products, loan requests from Macintosh users have the highest average credit score and highest average loan amount while Android users have the lowest in each category, which may be a reflection of price points and affordability of the respective devices,’ said Doug Lebda, founder and CEO of LendingTree via email,” Silver reports. “The lowest average credit score that LendingTree reported was 667. This belonged to Android users applying for personal loans.”

Average Credit Scores by Device
Source: LendingTree

Read more in the full article here.

MacDailyNews Take: Android. The poor man’s iPhone.

Poor man’s iPhone: Android on the decline – February 26, 2015
Study: iPhone users are smarter and richer than those who settle for Android phones – January 22, 2015
Why Android users can’t have the nicest things – January 5, 2015
iPhone users earn significantly more than those who settle for Android phones – October 8, 2014
Yet more proof that Android is for poor people – June 27, 2014
More proof that Android is for poor people – May 13, 2014
Android users poorer, shorter, unhealthier, less educated, far less charitable than Apple iPhone users – November 13, 2013
IDC data shows two thirds of Android’s 81% smartphone share are cheap junk phones – November 13, 2013
CIRP: Apple iPhone users are younger, richer, and better educated than those who settle for Samsung knockoff phones – August 19, 2013
iPhone users smarter, richer than Android phone users – August 16, 2011
Study: Apple iPhone users richer, younger, more productive than other so-called ‘smartphone’ users – June 12, 2009


    1. And I’m sure a burger flippin’ asshole like you couldn’t get a loan if your life depended on it. But it probably doesn’t matter since you can mooch off of your parents.

      1. Golly Gee … Someone sounds pretty upset!!!

        Mine was meant to be a joke for people to laugh!!!

        I guess your not one of them!!!

        Have you run out of medication???

  1. Not a surprise if you’re taking the average of each group (iOS vs Android) since everyone knows Android is huge in the lower price ranges and most likely dragging the average down. Wonder what it would look like if you took the top of Android users matching the total user population of iOS and compared. (e.g. if iOS had 200 million users, take the top 200 million of the 800 million Android users to compare. Using round numbers to represent the general 4:1 Android to iOS ratio) This would also be a better picture of the choice of the higher income households.

  2. What’s the point of this article? Are they trying to make some groups financially inferior or something. Maybe Apple should at least try to reach some of those groups with less buying power instead of simply giving up huge amounts of market share.

    1. You don’t seem to know much about basic principles:
      – market share, as such, doesn’t matter
      – trying to be everything to everyone is stupid business
      – focus, focus and focus

      1. Close, but not quite. Market share is extremely important; there was a time when nobody wanted to buy a Mac because there was no software for it. And nobody bothered to write software for it because nobody had a Mac (outside of its core audience of desktop publishers and artists).

        Market share is extremely important, but not the most important thing. Apple has a solid market share in mobile devices, but it is not the market share alone that is attracting the developers. It is the quality of that market share; while there may be four Android users for every one iOS user, that one iOS user is spending (on apps and content) five times as much. So, even though the number of devices running iOS is one fifth of the entire mobile market, they spend more than half of all the money spent on them. This is why vast majority of apps appear first on iOS, and are then ported, in some diluted, watered-down, basic-functionality form to Android.

        Another big factor is the simplicity of development, and the large size of the target in iOS. When you develop for Apple, you test on a half a dozen devices, and invariably, your app will work on all the hardware that is supported by the latest iOS, which translates to hundreds of millions of iOS devices in the wild. When developing for Android, all bets are off. You must test on several dozen different devices and OS versions, between which you have still addressed about the same number of users as with iOS development. And because those dozens of different devices are so vastly different, you have to eliminate features, or work around limitations, in order for your app to work on most (if not all) of them.

  3. I think there is one data point that is very conspicuous here: iPhone users. Apparently, Windows desktop users have higher credit scores in both mortgages and personal loan applications.

    This can be easily explained by the abundance of “free with contract”, or “$200 with contract” carrier offers, where low-income people are duped into thinking they are getting an iPhone for free (or for $200).

    While the old “subsidy” model is all but gone by now, the concept still persists. The carriers are now offering interest-free two-year loans, often with $0 downpayment (requiring only up-front payment of retail tax). For consumers this still looks like $0 up-front cost, which will always sound like a great deal.

    In other words, many of those iPhones are in the hands of people who normally can’t afford them, which shows on their loan applications.

  4. By the same argument since Windows 10 is on laptops and desktops as cheap as a few hundred dollars, the Windows average is also pulled down? I’ve seen rent-to-own centers offering installment plans as low as $25/month for them.

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