Apple prepares device payment plans for Apple Card

[Bradley Prior]

Apple prepares device payment plans for Apple Card

Apple Inc. is preparing to allow customers to buy many of its products, including iPads, Macs and AirPods, over monthly installments via its Apple Card credit card. {Bloomberg]

 

[Keegan89]

Nice idea... But what is the interest when you do not complete your payments in the allotted months? Exorbitant?