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MacRumors: Apple Pay Later Loans Will Soon Appear on Experian Credit Reports


Experian and Apple today announced that Apple Pay Later loan information will soon appear on Experian's credit reports. The companies said this move will provide "greater transparency" and help to protect both lenders and borrowers. Apple Pay Later loans initiated today onward will appear on...

The companies said this move will provide "greater transparency" and help to protect both lenders and borrowers. Experian is the first credit bureau that will report Apple Pay Later loans, and the information will eventually be visible to lenders performing hard inquiries. The feature is available for eligible purchases between $75 and $1,000 made on an iPhone or iPad on most websites and apps that accept Apple Pay.

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