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Apple announced on June 17th that with the launch of a new installment plan, the company will cease providing "buy before pay" services in the United States. Apple stated in a statement that starting later this year, users around the world can obtain installment loans through credit cards, debit cards, and lending institutions when using Apple Pay for checkout. With the launch of this new global installment loan service, the company will no longer provide a "buy before pay" service in the United States.
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