It took almost a year, but Apple’s pay-over-time mechanism is now available. Apple Pay Later is now available for US users in a “prerelease” form that needs an invitation. If you’re eligible, you may divide your online Apple Pay purchases (bought with an iPhone or iPad) into up to four instalments over six weeks. There are no fees or interest payments, and you must attach a debit card to apply for loans higher than $1,000. This will not affect your credit score, and Apple said it would not share data with third-party advertisers.
