Question about Apple's payment system

Discussion in 'iPhone' started by JustMadeThisNameUp, Sep 28, 2015.

  1. JustMadeThisNameUp macrumors regular

    Joined:
    Jun 15, 2015
    #1
    If I were to finance an iPhone 6s through Apple and traded it in for an iPhone 7 in 12 months would I still be charged for payment on the 6s or would the 24-month window or would the 24-month period roll over with the new device?
     
  2. mrkramer macrumors 603

    mrkramer

    Joined:
    Jul 11, 2006
    Location:
    Somewhere
    #2
    I believe if you exchange the device the 24 month period just starts over and you don't have to make the rest of the payments on the 6S.
     
  3. sumiregusa macrumors regular

    sumiregusa

    Joined:
    Sep 10, 2013
    #3
    This.

    You restart the loan if you upgrade yearly. If you wait the full 24 months you own the phone and can still restart the program I believe.
     
  4. DoofenshmirtzEI macrumors 6502a

    DoofenshmirtzEI

    Joined:
    Mar 1, 2011
    #4
    Trading in the phone cancels the remaining payments on the device you turned in. The contract on the 7 would be a new 24-month contract.
     

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