Apple has apparently backed away from a plan to launch a hardware subscription service that would allow customers to “subscribe” to receive a new iPhone handset every year. Per Bloomberg’s Mark Gurman, rumors as to a hardware subscription service began back in 2022. Gurman stated that Apple wanted to develop a simple system that would […]
Financial tools always shift, and a loan is just another form of paying later. Apple on Monday announced plans to discontinue its Apple Pay Later program, which launched in October 2023. The program ended on Monday, though customers who have existing Apple Pay Later loans will be able to continue to pay them off and […]
Sometimes incredibly complex premium credit card banking and finance deals don’t work out in the long run. Per the Wall Street Journal, Apple will be ending its Apple Card credit card partnership with Goldman Sachs within the next 12 to 15 months. It’s unknown as to whether Apple has established a new partnership for the […]
You can’t argue with paying later. When the Apple Pay Later feature was announced at WWDC 2022, the “buy now, pay later” feature has not yet launched to the public. This could soon change, as a report has suggested that Apple has “expanded an internal test” of the feature to its thousands of retail employees, […]
As is won’t with most credit cards, the Apple Card’s interest rate on overdue balances will rise as the Federal Reserve raises its benchmark overnight interest rate in an attempt to slow inflation in the United States. As of July 1, the Apple Card’s variable APRs now range from 12.49 percent to 23.49 percent based […]