What is carrier financing?
I’m trying to buy a new iPhone for a low monthly payment but it says I can only pay that low price monthly if I have “carrier financing”. But I have no idea what career financing is. Can someone please explain?
In essence, they buy the phone for you and you pay back the ‘loan’ with monthly installments.
As suggested, read the fine print and know what you’re signing up for. Especially early termination fees and what happens if the phone is damaged or lost or stolen before your loan is paid off.
