Apple and Goldman Sachs are allowing Apple Card users to defer their April payments without incurring interest, extending a similar program that was introduced in March, reports Bloomberg.
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Apple Card users can opt in to the deferred payment program by messaging an Apple Card support representative through the Wallet app on an iPhone or iPad. Apple is informing Apple Card owners about the option through email.
We understand that the Covid-19 situation poses unique challenges for everyone and some customers may have difficulty making their monthly payments. Apple Card is committed to helping you lead a healthier financial life.
If you previously enrolled in the Customer Assistance Program in March, you will need to enroll again.
Apple Card balances will eventually need to be paid, but the deferred payments sans interest will provide some breathing room for people who have seen their incomes drop.
Update: Apple has shared a new support document with further details about its COVID-19 Customer Assistance Program for Apple Card.
Top Rated Comments
No joke.This April’s fool joke is not funny when lots of people are struggling financially.
For the second month in a row, Apple is letting customers skip their monthly payment. No interest charges either.
Apple showing other companies how customer service should be done, yet again. Thanks Tim Apple!
They would have to report you to the agencies for non-payment. If they are deferring the payment then there is no need to report it.But will it hit their credit score? Great that there isn't building interest, but is their credit score being dragged through the mud for things they can't control?