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by dingnuts 641 days ago
sorry if this is a stupid question, but if you don't pay for the phone don't they repossess it or something?
2 comments

So your average phone costs $700-$800 retail new. Cost of repossession would be going to court, court costs, lawyer bills etc. I would end up costing $5000+ for a piece of used goods that is worth $300 if they are lucky.
No. They charge you and if you dont pay, they report your debt to credit agencies.