Comment by apparent

> You know those financially irresponsible people don’t need this program, right? They would have used a credit card to buy it with much worse terms

I thought of this also. The question is whether they will now spend even more on the phone since they won't be paying as much in interest. If so, it's savvy of Apple to suck up that difference instead of letting it go to credit card companies.

Presumably Klarna's share is lower because Apple is rumored to be able to nerf these devices if a series of payments are missed. [1]

1: https://9to5mac.com/2026/07/21/ios-27-code-suggests-apple-co...