Apple seemingly halts product financing for UK customers
Apple has apparently discontinued product financing in the UK, as the company on Tuesday removed an informational webpage detailing those options and scrubbed its regional online store of references to installment plans.
Cached version of Apple’s UK financing webpage.
While not confirmed, modifications to Apple’s UK site strongly suggest the firm is no longer offering consumer financing through its online and physical retail channels.
As noted by MacRumors, which spotted the change, Apple’s dedicated UK financing page is no longer active. Links to the now vacant web asset redirect to Apple’s homepage.
In addition, financing options are no longer displayed when placing online orders. Prior to the change, an “Instalments” button appeared at checkout which, when clicked, allowed customers to select an installment plan offered by PayPal Credit or Barclays.
It appears the policy update applies only to consumers, as educational purchases can offer consumer loans through that company’s Marcus product. A relatively new lending service, Marcus integrates with existing checkout systems to present customers loans carrying an interest rate of about 12 percent.