Before You Get That Phone Deal, Double-Check Bill Credits and Installment Plan Details
With phone prices climbing higher than ever, it’s no wonder most people turn to carrier financing to buy a new phone. Not only can you spread out your payments over time, but cellular companies often offer enticing deals to win customers over, especially if you’re switching to a new provider. Depending on the deal, sometimes you can even get your new phone for free.
But those deals can be a little confusing, and involve caveats and rules that aren’t always clear. Very rarely is a discount given without a catch. You might also come across terms like “bill credits” or “trade-in credits” that you don’t fully understand.
If you want to know what these terms mean or other details, like what happens if you decide to switch carriers midplan, read on as we walk you through what you need to know before accepting a new carrier deal.
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