Lol this is the most ridiculous thing I’ve read. It’s a 0% loan. I’ve bought tons of iPhones since the first one. Buying outright doesn’t make sense to me. I either end up selling the phone for half what I bought it or I keep it and it sits around not being used. Why wouldn’t I make monthly payments, be able to trade my phone back in a year later, and have the newest phone every year? It’s practically the same as buying it and selling it back only without the need to find a buyer.
This isn’t an unfair advantage either. All it does is puts upgrade program members in the same boat as everyone else since there won’t be a delay in processing their phone order due to approving the loan.