Apple will handle Apple Pay Later's lending, a company first; a wholly owned subsidiary, Apple Financing LLC, will oversee credit checks and make loan decisions (Mark Gurman/Bloomberg)

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Mark Gurman / Bloomberg:
Apple will handle Apple Pay Later's lending, a company first; a wholly owned subsidiary, Apple Financing LLC, will oversee credit checks and make loan decisions  —  Apple Inc. will handle the lending itself for a new “buy now, pay later” offering, sidestepping partners as the tech giant pushes deeper …

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