What Credit Score Do I Need For Apple Financing?

Apple Financing Credit Score

Apple reports that you’re “more likely to be approved” for their financing with a score of 640 or higher.

There are user reports of being approved with a score as low as 600.

Ensuring your revolving balances are low and that you have less than six inquiries will help.

Does Apple Financing hurt my credit?

If paid on time and if Apple reports your timely payments to the 3 major credit bureaus it will help after a few months. The debt to available credit ratio for an installment loan brings less negative impact to your credit score than the ratio on revolving debt like credit cards.

How long does it take to get approved for Apple financing?

You’ll receive special financing for purchases made from Apple within the first 30 days of opening the account. After the first 30 days, all purchases will be given the standard APR of 15.99% – 28.74% Variable.

Does Apple have financing?

Apple Financial Services offers financing for more than just your Apple equipment. Get services, accessories, AppleCare, and third-party gear all in one payment. Leasing Apple gear benefits your cash flow. For qualifying businesses, leasing equipment often means paying less over time than an initial cash purchase.

What bank does Apple use for financing?

With Apple Card, you get 3% Daily Cash on any purchase from Apple. If you prefer special financing, there’s Barclaycard Financing.

How hard is it to qualify for Apple card?

A FICO credit score of at least 600, which falls in the fair range, is needed to be approved for the Apple Card. That means subprime borrowers, or people with less-than-perfect credit, can access the Apple Card.

Does Apple card do a credit check?

A credit check is required when signing up for the Apple Card. Approvals are done by Goldman Sachs, and Goldman Sachs uses TransUnion for credit checks. Lifting your credit freeze temporarily is free. Apple does a soft credit pull when you apply for Apple card so you can see Apple’s offer with credit limit and APR.

What credit bureau does Apple pull?

TransUnion

How long does it take to get approved for Apple Barclaycard?

Applied, approved, bought within 10 minutes.

How do you qualify for Apple card?

Requirements to get Apple Card

  • Be 18 years or older, depending on where you live.
  • Be a U.S. citizen or a lawful U.S. resident with a U.S. residential address that isn’t a P.O. Box.
  • Own a compatible iPhone with the latest iOS version.
  • Use two-factor authentication with your Apple ID.
  • Sign in to iCloud with your Apple ID.