“Account” means the Apple Card consumer credit account opened for you under this Agreement
Default actions ->
WHAT IS THE EFFECT OF BEING IN DEFAULT
If you are in default, we may take any of the following actions to the extent permitted under applicable law:
• Continue to charge you interest as long as you have an outstanding Account balance;
• Lower your credit limit;
• Decline or otherwise limit your ability to make Transactions;
• Report information about your Account to the credit reporting bureaus;
• Begin collections activities;
• Suspend or close your Account;
• Require you to immediately pay all or any portion of your total outstanding balance (this action may also be taken upon death);
• If we retain an attorney who is not our salaried employee to collect amounts you owe, we may require you to pay for the court
costs and reasonable attorneys' fees that we actually incur; and/or
• Take any other action permitted by law.
I guess account is one whole system the way they built it so it includes his iCloud and whatnot.
This should be last resort solution for Apple. I’m thinking well past 3 months of notifications or something, maybe even a year, considering it goes beyond just the card itself.
Definition ->
“Account” means the Apple Card consumer credit account opened for you under this Agreement
Default actions ->
WHAT IS THE EFFECT OF BEING IN DEFAULT If you are in default, we may take any of the following actions to the extent permitted under applicable law: • Continue to charge you interest as long as you have an outstanding Account balance; • Lower your credit limit; • Decline or otherwise limit your ability to make Transactions; • Report information about your Account to the credit reporting bureaus; • Begin collections activities; • Suspend or close your Account; • Require you to immediately pay all or any portion of your total outstanding balance (this action may also be taken upon death); • If we retain an attorney who is not our salaried employee to collect amounts you owe, we may require you to pay for the court costs and reasonable attorneys' fees that we actually incur; and/or • Take any other action permitted by law.