iPhone Upgrade Program

Discussion in 'iPhone' started by max2, Feb 9, 2016.

  1. max2 macrumors 68030

    May 31, 2015
    Do you get to keep your current iPhone when you upgrade to a new iPhone every year with the iPhone Upgrade Program?
  2. MacDawg macrumors Core


    Mar 20, 2004
    "Between the Hedges"
    Nope, it goes back to Apple and you start your contract over
    It is a 2 year running contract that restarts every year
  3. aristobrat macrumors G5

    Oct 14, 2005
    Only if you've paid it off.

    The Apple program divides the price of the phone into 24 monthly payments.

    If you want to upgrade at the one year mark, unless you finish paying off the other 12 payments, you turn in the phone if you want to upgrade.

    You do not have to upgrade at the year mark, though. You can keep the phone and finish out the payments and keep it forever.
  4. dark_knight177 macrumors regular


    Aug 22, 2010
    By the way, you will get a hard credit inquiry on your credit report every year you upgrade. Totally not worth it to trash your credit report because of some cell phone. Just buy it outright, if you can't, well then you can't afford an iPhone.
  5. C DM macrumors Sandy Bridge

    Oct 17, 2011
    Where does that information come from?
  6. AustinIllini macrumors demi-goddess


    Oct 20, 2011
    Austin, TX
    That's actually terrible. Too bad. Credit score makes the world go round.
  7. Applejuiced macrumors Westmere


    Apr 16, 2008
    At the iPhone hacks section.
    Good info posted above but you will NOT trash your credit report or mess up your credit history by getting an iphone via the above program.
    If a single credit inquiry for a cellphone purchase messes up your report or causes you not to get approved by any other loan or lending application then you have many other problems with your credit history prior to that.

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