Just need clarification - if along the way I choose to pay off the balance, what happens when I want to upgrade to the 2017 iPhone? Do I begin a new 24m loan? Shortened to 12m?
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If I pay off my iPhone on the iUP, what happens when I want to get a new one?
- Thread starter James.K.Polk
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Start a new loan and turn in your device. It's a 12 month trade in program basically.
You keep your paid off phone and can sell it if you want.
And then start a new payment plan all over for the new device for 24 months.
He wouldn't turn in the device if he paid it off. Phone company would love that but once you pay it off you keep it and you can sell it or give it away, whatever you want to do.
You don't pay it off after 12 months unless you purposely pay 24 times within those 12 months. Otherwise you have to turn it in to get a new one.
The OP said he wants to pay off the balance along the way, meaning he is not waiting out the installment but rather paying the full amount ahead of time.
You do as you would do had you not started the first contract. That contract is over and done when you pay it off.