The recent wildfires in Los Angeles have wreaked havoc, displacing close to 180,000 residents and marking a devastating period in the region’s history. This catastrophic event has been labeled the most expensive natural disaster in U.S. history, with damages soaring to an estimated $135 billion. Reports indicate that over 5,000 structures have been lost to the flames, leaving many individuals preoccupied with the loss rather than financial obligations. In a commendable effort to assist affected citizens, Apple Card holders have been granted some reprieve as the company offers options to defer payment during this tumultuous time.
How to Access Payment Relief for Apple Card Holders
In light of the ongoing crisis, Apple is providing a limited-time option for eligible Apple Card users to delay their payments. This initiative, reported by Bloomberg’s Mark Gurman and covered by AppleInsider, allows those impacted by the fires to enroll for assistance directly via the Messages app by connecting with Apple Card support.
For those affected by the fires, this reprieve allows users to skip a monthly payment without accruing interest. However, there are certain prerequisites for account eligibility: the account must be in good standing, meaning all prior payments must have been made on time. Accounts already past due will not face further penalties during this relief period, but it’s important to note that any existing spending restrictions on the account will also continue throughout the program.
Apple and Goldman allowing Apple Card users impacted by the fires in LA to postpone payments. pic.twitter.com/jyXdqWY7wa
— Mark Gurman (@markgurman) January 9, 2025
Payments that were previously scheduled will remain on track unless altered through Apple Wallet, online, or by consulting an Apple Card Specialist. While specifics regarding the duration of this assistance program have not been disclosed, it is anticipated that users will find significant relief as they navigate the challenges of relocating and recovering from this disaster.
To stay updated with developments related to this situation, follow Mark Gurman on Twitter: here.
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