### Apple and Goldman Sachs Announce Short-Term Assistance for Apple Card Holders in LA
In reaction to the catastrophic wildfires currently impacting Los Angeles, Apple has implemented important measures to aid its customers in the affected regions. Following an announcement by CEO Tim Cook regarding a contribution to assist those impacted, Apple has verified that Apple Card users living in the affected zones will receive short-term assistance from their payment responsibilities.
#### Assistance for Affected Apple Card Holders
As reported by Bloomberg’s Mark Gurman, Apple has started informing users whose addresses are located in areas designated as “natural disaster zones.” Eligible Apple Card holders are able to temporarily delay their payments without accruing interest, offering necessary financial support during this difficult period.
The specific advantages of this Disaster Relief Program encompass:
– **Payment Delay**: Users may skip the payment due in the month they join the program.
– **Interest Forgiveness**: No interest will be charged during the enrollment month. However, the regular purchase APR will take effect in the subsequent month.
– **Account Status Preservation**: If the account is in good standing, it will stay current while participating in the program.
– **Protection Against Additional Delinquency**: Accounts that are already overdue will not be further impacted; they will remain in their existing status until all overdue payments are settled.
– **Spending Limitations**: If a user’s spending was previously curtailed, it may continue to be limited during the enrollment duration.
Affected customers are urged to contact Apple Card Support for help. They can do this by opening the Wallet app on their iPhone, selecting Apple Card, tapping the More button, and then accessing Account Details. From that point, they can initiate a message to seek payment assistance options.
#### The Situation in Los Angeles
The wildfires in Los Angeles have resulted in a grave situation, with reports suggesting that the fires are still burning out of control. According to a BBC News report, a minimum of five deaths have been confirmed, and thousands of residents have been compelled to evacuate their homes, frequently leaving their possessions behind.
In the wake of this disaster, Tim Cook conveyed his condolences and appreciation to the first responders and firefighters who are working relentlessly to contain the fires. He stated, “The destruction caused by the fires in Los Angeles is heart-wrenching. Thank you to the amazing firefighters, first responders, and all those involved for your courageous efforts. Apple will be contributing to support the victims and recovery initiatives on the ground.”
#### Conclusion
Apple’s effort to offer temporary assistance for Apple Card holders impacted by the Los Angeles wildfires reflects the company’s dedication to aiding its customers during times of hardship. By providing financial support and encouraging users to seek help, Apple is playing a vital role in assisting individuals in facing the challenges brought about by this natural disaster. As the situation progresses, the community’s resilience and the endeavors of first responders remain crucial in the recovery journey.
