When did that become possible?
Last I knew is when you cancel your account (which is what moving to another carrier is) they billed you for the remaining balance of the phone.
No I mean thats what’s proposed. I’m saying leaving the companies service has nothing to do with a loan they gave you. They are separate things. Its possible they would stop with no interest but I believe they can still make money without interest in some cases.
Ah gotcha. Yeah that’d be cool. I hope it works out. More options is always better.
Your probably right about the interest, or else why would they agree to it.
Wha? The guy I responded to said the customers now pay full price up front. If a device is bought it should be unlocked.
Additionally giving away a phone for a determined time contract means that the company is technically giving you a loan and it should be on your credit record, require the company to do a proper credit check and be allowed to give out loans.
Bottom line, it’s predatory and should not be allowed. Noone is advocating giving 1000 dollar phones for free… it was a strawman you stuck me with… but I don’t want it.
Wha? The guy I responded to said the customers now pay full price up front.
No. I never said that. I said the cost of the phone is upfront. There are no 2 year contracts anymore, and haven’t been for at least a decade. You see the full price of the phone, and decide how much a month you want to spend to pay it off.
If a device is bought it should be unlocked.
I agree with you. And that’s how it works. The question is how long after paying off the phone should it be locked.
Additionally giving away a phone for a determined time contract …
Again, they haven’t offered contracts like that in ten years. But yes you do need to pass a credit check to have a phone financed.
Bottom line, it’s predatory and should not be allowed.
Just make carrier locking illegal and have customers pay the actual price, now it’s just hidden costs to the consumer.
You’re going off of phone contracts that haven’t been around for a decade. The cost of the phone up front, and has been for a long time.
Then carrier locking should just be plain illegal.
They lock it so you’ll pay for the phone. That’s the only reason.
Should requiring people to pay for things be illegal?
You can continue paying at&t for the phone after moving to a different carrier.
How do you think people will steal phones like this?
When did that become possible?
Last I knew is when you cancel your account (which is what moving to another carrier is) they billed you for the remaining balance of the phone.
No I mean thats what’s proposed. I’m saying leaving the companies service has nothing to do with a loan they gave you. They are separate things. Its possible they would stop with no interest but I believe they can still make money without interest in some cases.
Ah gotcha. Yeah that’d be cool. I hope it works out. More options is always better.
Your probably right about the interest, or else why would they agree to it.
Wha? The guy I responded to said the customers now pay full price up front. If a device is bought it should be unlocked.
Additionally giving away a phone for a determined time contract means that the company is technically giving you a loan and it should be on your credit record, require the company to do a proper credit check and be allowed to give out loans.
Bottom line, it’s predatory and should not be allowed. Noone is advocating giving 1000 dollar phones for free… it was a strawman you stuck me with… but I don’t want it.
No. I never said that. I said the cost of the phone is upfront. There are no 2 year contracts anymore, and haven’t been for at least a decade. You see the full price of the phone, and decide how much a month you want to spend to pay it off.
I agree with you. And that’s how it works. The question is how long after paying off the phone should it be locked.
Again, they haven’t offered contracts like that in ten years. But yes you do need to pass a credit check to have a phone financed.
What exactly should not be allowed?
OK so you buy the phone on a payment plan… and credit check. Then once it’s paid off it should be unlocked.
Correct, you’ve got it. That’s how it’s worked for ten+ years.
Here in the Netherlands they don’t allow carrier locking and still sell on these installment plans.
They are 2 separate services (telecom & financing) and thus cannot be linked at sale. That’s not an issue… why would it be different in the US?
It isn’t been a hidden cost for a while. Phone companies sell the phones at full price, but consumers want the 2 year 0% APR financing.