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by n3t 1432 days ago
Right but you get to keep the phone after these 1-2 years. Once it's paid, it's paid and it's yours.

It's more like a consumer loan than a subscription in my eyes.

1 comments

Ha, yes, you get to keep the phone, they even have to unlock it (remove the SIM lock), but you also still pay the monthly installments because it is a subscription. They just change the name of the line item to some other service.

It's supposed to incentivize people to move to a new fixed term contract. But people often simply just keep paying.

I only learned about that recently since I always buy my phone separately.