Apple is launching a new, opt-in “Path to Apple Card” program for people who have their application declined. It is designed to help those with poor credit worthiness to understand what specific financial markers they need to improve in order to get approved in the future.
Declined Apple Card applicants may begin seeing notifications on their device later today that offer them the Path to Apple Card program.
Once a user opts in on their device, they get a once-a-month update on their progress on specific tasks that are personalized to their rating.
• Resolving past due balances.
• Making payments to secured and unsecured debt accounts on time.
• Lowering credit card and personal loan debt.
The updates also include specific steps to take to improve each of those markers.
Once a customer has completed the program, they are invited to reapply to Apple Card.
MacDailyNews Take: Those who participate will certainly have the information they need to improve their credit scores over time and eventually get their very own Daily Cash Back-generating Apple Cards!