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	<title>interest &#8211; EFR Technology Group</title>
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		<title>Apple Card holders can skip March payment due to impact of coronavirus</title>
		<link>https://www.efrtechgroup.com/tech/apple-card-holders-can-skip-march-payment-due-to-impact-of-coronavirus/</link>
		
		<dc:creator><![CDATA[Randall]]></dc:creator>
		<pubDate>Mon, 16 Mar 2020 10:25:00 +0000</pubDate>
				<category><![CDATA[Apple]]></category>
		<category><![CDATA[apple card]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[coronavirus]]></category>
		<category><![CDATA[covid-19]]></category>
		<category><![CDATA[credit card]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[interest]]></category>
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		<guid isPermaLink="false">https://www.efrtechgroup.com/apple-card-holders-can-skip-march-payment-due-to-impact-of-coronavirus/</guid>

					<description><![CDATA[[ad_1] As revealed on Reddit and reported by MacRumors, Apple Card customers have received an email explaining, &#8220;We understand that the rapidly-evolving COVID-19 situation poses unique challenges for everyone and some customers may have difficulty making their monthly payments. Apple Card is committed to helping you lead a healthier financial life.&#8221; To take advantage of [&#8230;]]]></description>
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<p>As revealed on <a href="https://www.reddit.com/r/apple/comments/fihyrw/apple_card_is_allowing_customers_to_sign_up_for/">Reddit </a>and reported by <em><a href="https://www.macrumors.com/2020/03/14/apple-card-assistance-program-coronavirus/">MacRumors</a>, </em>Apple Card customers have received an email explaining, &#8220;We understand that the rapidly-evolving COVID-19 situation poses unique challenges for everyone and some customers may have difficulty making their monthly payments. Apple Card is committed to helping you lead a healthier financial life.&#8221;</p>
<p>To take advantage of what Apple is calling its &#8220;Customer Assistance Program&#8221; cardholders will have to contact the company to join the scheme &#8212; missing the March payment without actively doing so means they&#8217;ll still be liable for interest changes. An email explaining the program should already be on its way, or holders can enrol via Apple Card&#8217;s <a href="https://support.apple.com/apple-card">support portal</a>.</p>
<p>Apple&#8217;s decision to allow customers to skip March payments follows similar moves by other financial institutions seeking to reduce the impact of coronavirus on their customers. Banks in the UK have <a href="https://www.bbc.co.uk/news/business-51817947">deferred mortgage</a> and loan repayments for up to three months, while the Department of Education in the US has <a href="https://www.marketwatch.com/story/student-loan-borrowers-could-get-a-temporary-break-on-payments-amid-coronavirus-financial-fallout-mnuchin-says-2020-03-13">paused interest payments</a> on student loan debts.</p>
<p><center></p>
<p><img decoding="async" alt="Apple Card" data-caption="Apple Card" data-credit="Apple" data-credit-link-back="undefined" data-dam-provider="Engadget" data-local-id="local-1-743263-1584352379221" data-media-id="1fdde9a0-053d-4ca6-b67c-dffeb7cb4b0f" data-original-url="https://s.yimg.com/os/creatr-uploaded-images/2020-03/c3c085b0-676a-11ea-bfbe-8b4b38f00df1" data-title="Apple Card" src="https://www.efrtechgroup.com/wp-content/uploads/2020/03/Apple-Card-holders-can-skip-March-payment-due-to-impact.jpeg"/></p>
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<p>[ad_2]<br />
<br /><a href="https://www.engadget.com/2020/03/16/apple-card-skip-march-payment-interest-coronavirus/">Source link </a></p>
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