2 - Analysis / Business / Business / Business & Markets / Dead Reckoning / Economy / Tech / Technology / Technology
The iPhone Now Comes With a Credit Check
Apple has launched the Apple Upgrade leasing program, replacing its previous financing options. This program requires a credit check and excludes the cheapest models, potentially disadvantaging those who need affordable payments. By partnering with Klarna to manage risk, Apple shifts financial responsibility while presenting the program as a lower-cost alternative amid expected price increases.