Tag

Device Financing

All articles tagged with #device financing

T-Mobile's 'Nothing' Plan: $0 Down, 36-Month Financing, and a Shift from 'Un-carrier' Edge
technology2 months ago

T-Mobile's 'Nothing' Plan: $0 Down, 36-Month Financing, and a Shift from 'Un-carrier' Edge

T-Mobile launched its 'Nothing' initiative on August 4, 2026, introducing a new 36-month Equipment Installment Plan (EIP Flex 36) that allows well-qualified customers to pay $0 upfront for devices, taxes, and fees. The carrier also rebranded its unlimited plans to '2.0' versions and introduced Student Perks starting at $30/month. While this lowers monthly costs, it aligns T-Mobile with rivals Verizon and AT&T, ending its previous 24-month financing advantage.

Apple Clarifies iOS 27 'Restricted Mode' Excludes New Lease Program
technology3 months ago

Apple Clarifies iOS 27 'Restricted Mode' Excludes New Lease Program

Apple confirmed to The Verge that the 'Restricted Mode' feature in iOS 27 will not be triggered by missed payments on its new Apple Upgrade leasing program. While the system exists in the OS to enforce financing agreements, Apple did not specify its intended use case, leaving open the possibility it targets third-party lender partnerships or specific international markets.

Apple Upgrade: New Financing Model and Controversial Device Lockdowns
technology3 months ago

Apple Upgrade: New Financing Model and Controversial Device Lockdowns

Apple is set to launch a new device financing program called 'Apple Upgrade' in the US on July 28, 2026. The initiative, developed in partnership with Klarna, allows consumers to lease iPhones, iPads, Macs, and Apple Watches through monthly payments. The program features a 24-month term for phones and watches, and 36 months for tablets and computers. While this lowers upfront costs, it introduces strict restrictions, including the potential to lock devices into 'Restricted Mode' if payments are missed. This new model replaces the older iPhone Upgrade Program and excludes AppleCare coverage.