Android Police

Articles Tagged:

financing

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AT&T Is Simplifying Phone Financing With Just Two Plan Options (12 And 24 Month Upgrades) Starting June 9

AT&T's existing "Next" plans offer the option to upgrade after a certain amount of the device has been paid off, but there are four different versions and the naming can be confusing. For example, Next 24 is actually a 30-month pay-off schedule with an upgrade at 24 months. Well, AT&T has announced it's cutting the options down to just two, and it's adding a new Next Every Year plan for annual upgrades.

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Two-Year Service Contracts (And Phone Subsidies) Are Back From The Dead At Sprint

Remember when Sprint said that it wouldn't be offering the tried and true two-year phone contracts anymore? Yeah, not so much. Fierce Wireless reports that the carrier is once again offering two-year service contracts, and the Sprint Wireless website bears this out. New phones are being sold with a significant discount, up to 100%, in exchange for customers signing a promise not to stop paying for 24 months. Everything old is new again.

If you'll recall, two-year contracts fell out of favor after T-Mobile made a big show of discontinuing them as part of its "uncarrier" initiative in 2013. Instead T-Mo started promoting a new payment program which allowed customers to buy phones in installments with interest-free financing, very much like European carriers have been offering for years.

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[Weekend Poll] How Did You Pay For Your Current Phone - Outright, Subsidized, Or Installments / Financing?

This weekend's poll is a pretty simple one, but one that I'm curious to see the results of given our worldwide audience: how did you pay for your current phone?

In the US, there are generally three ways (broadly speaking) you can buy a smartphone - on-contract from a wireless carrier (aka subsidized), outright (full price, no contract), or as part of an installment / financing plan. Carriers like AT&T, Verizon, and T-Mobile offer phone financing plans, offsetting the full cost of a device by spreading it over the course of one or two years. Some smartphone manufacturers like Motorola even offer no-interest credit financing if you buy a phone from them directly.

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Motorola Now Offering Financing On Phone Purchases – $0 Down And 0% Interest For Up To 18 Months

Got your eye on a Moto X or Moto G, but just don't have the scratch right this minute? Motorola still wants your business, so it's offering to finance phone purchases interest-free for up to 18 months, provided you're credit-worthy. Sorry, we cannot vouch for you.

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If you're willing to spend $549 or more, you can get no interest for 18 months with nothing down. That's more than the full cost of the regular Moto X, so you'd have to buy the Developer Edition (or the Droid Maxx) to take advantage of this with a single device. Or maybe you plan to buy a gaggle of Moto Gs?

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