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Old 10-31-2015, 08:41 AM   #25
shilala
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Default Re: What About This New "Leasing A Phone" Thing?

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Originally Posted by G G View Post
I didn't want to overload you all at once, so i failed to mention that you can pay it off at any time you choose, but you have to pay it in full if you go that route.
I saw that part when I checked my "equipment charges" on my bill online, Greg.

For some reason I'd been thinking someone could "lease" for a lesser amount and turn in the phone without paying it's full cost.
That's not the case.
A person can just choose how many months they want to pay back their phone.
You mentioned 30, I did 24 on my phone.
So I confused myself thinking it was a conventional lease where a person pays 150% or more for the cost of an item, and that's not the case at all.

This has just saved the phone company from paying those subsidies for iphones, which is a great move for them.
Our bills go way up, they buy some more wheelbarrows to push the money around.
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