Apple Pay Later delivers a new and seamless way to take on loans

Apple has launched its Pay Later service in the United States, which, according to the company, is "designed with users’ financial health in mind." The new service will allow users to make purchases and split the total over four even payments that will be spread out over six weeks. During this time, there will be no interest and more importantly, there will no fees as long as it's all paid off in the six-week span. For the time being, Apple Pay Later will roll out to select users as a prerelease of sorts, with plans to make it available to everyone located in the United States in the coming months.

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