After suffering through multiple delays, Apple Pay Later is finally touching down as it begins rolling out to randomly selected users across the United States.
Originally, the service was supposed to launch alongside iOS 16 back in September 2022, but developers ran into a variety of “technical setbacks”. Apple Pay Later allows people to apply for loans from $50 up to $1,000 to purchase whatever they want while avoiding paying the full price up-front. From there, users will pay off that amount in four separate payments across six weeks with no interest or extra fees slapped on top. $1,000 is a decent chunk of change, however, it's not a guarantee. Eligibility depends on your credit score; a history with low numbers will qualify for smaller loans.
