Apple is launching a “Pay Later” program that allows people to buy their services with money they don’t have.
Apple is officially launching Apple Pay Later, which allows users to split purchases into four payments with zero interest and no fees 💰
Randomly selected users will be invited to get early access to a prerelease version in the U.S. pic.twitter.com/PJawcmyxil
— Apple Hub (@theapplehub) March 28, 2023
We will see how long this lasts going into a recession with consumer credit already at record levels …🚨 pic.twitter.com/g3TkP2Q3eK
— Wall Street Silver (@WallStreetSilv) March 28, 2023
Why would Apple launch a program like this?
They would only do this if the economy was in horrible shape and people were losing the ability to pay them.
This is just another sign that the economy is doomed.