AAPL: How Popular are Apple's iPhone Financing Plans in the US? Here's a Look | Value Investing News

AAPL: How Popular are Apple's iPhone Financing Plans in the US? Here's a Look

  • Apple offers iPhone financing through 24-month zero-interest installment loans funded by Citizen's Bank (US).
  • It could be buyers don't want to fool with an installment loan and have it affect their credit report when they can just use their credit card to finance the purchase.
  • Citizen's has disclosed the balance of "merchant partnership" loans which are the Apple iPhone financing plans f(or most quarters).
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