Apple's rumored leasing program could restrict apps, lock down iPhones if you miss payments
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WTF?! If you're interested in the recent report about Apple partnering with Klarna to launch a hardware leasing program, here's something you should probably know: based on code found in the beta version of iOS 27, those with leased devices who miss payments could have access to their phone apps restricted.
The code, discovered by 9to5Mac, describes a system called App Managed Features. It would allow an authorized financing provider's app to enroll an iPhone and regularly check whether the contract remains in good standing.
Should the customer fall behind on payments or otherwise breach the agreement, the provider could place the iPhone into Restricted Mode, blocking access to most apps and services until the issue is resolved.
The current allowlist includes the Phone, App Store, Health, Clock, Settings, Wallet, Passwords, Magnifier,...
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