this post was submitted on 28 Jun 2024
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In your circle maybe, I'd love the statistics on this though because I'm pretty sure the overwhelming majority are paying for their phones on installment through their carriers.
Yep. Or quasi installments. They usually make it where your paying like $20 a month on the phone for two years, but they're deducting $20 a month off your monthly service at the same time. That way if you try to break contract, you have to pay for the rest of your phone that you still owe.
Yep. "Free phone" via bill credits for 2 years but they'll proudly proclaim they don't do contracts and there's no ETFs. Technically true, but realistically no difference.