lost my phone so my friend let me borrow her old phone but when i try to activate it, it says its been reported lost or stolen. What should i do?

See -> How to remove Activation Lock

How to remove Activation Lock – Apple Support (UK)

marnolg8 Said:

"lost my phone so my friend let me borrow her old phone but when i try to activate it, it says its been reported lost or stolen. What should i do?"

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Get this Unlocked:

This friend of yours apparently locked it with Find My. So, return it to her, requesting that she unlocks it.