Apple has launched a new Apple Card program to help people who have rejected their applications improve their chances of reapplying,media reported. On Monday, local time, Apple launched an optional program called Path to Apple Card, which will be launched for four months along with a new Apple Card financial health website.
When users sign up for the project, they will receive a monthly update showing their progress on a particular financial task, depending on their credit rating. The platform will use information from Goldman Sachs during the application process.
When the four-month project is complete, participants will be invited to reapply for apple Card.
It is understood that some examples of financial tasks in the project, while obvious, may be a boon for those who do not have much credit experience or knowledge.
According to TechCrunch, rejected Apple Card applicants will begin to see notifications or emails detailing new projects.
The financial health website will also detail information that Goldman used to determine Apple Card such as acceptances. While the site says scores above 660 are considered favorable for card applications, there are also reports that Apple credit cards may approve a wider range of scores.