Apple kicks off iPhone leasing with Klarna, starting at $17.99/month

1 min read
Source: CNBC
Apple kicks off iPhone leasing with Klarna, starting at $17.99/month
Photo: CNBC
TL;DR Summary

Apple will launch 'Upgrade' leasing via Klarna in the U.S., offering iPhones on 1- or 2-year leases starting at $17.99/month (no security deposit) after a soft credit check, with similar options for Apple Watch and longer leases for Macs and iPads; at 24 months customers can buy, upgrade, or return the device, while missed payments terminate the lease after three months; the program shifts focus to monthly payments and competes with carrier financing, and Apple has replaced its previous iPhone Upgrade Program.

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