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How to assemble us phone lease

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okay did you know that you can lease a cell phone thats right you can actually lease a cell phone instead of buying it outright and i was curious whether or not cell phone leasing is worth it so in this video im going to be talking about the different options that you have for buying a cell phone what cell phone leasing is the pros and cons of it whether or not buying a phone outright is cheaper in the bottom line of what i think [Music] hey whats up guys its justine with debt free millennials the channel to help you crush your debt and live payment free if you are new to the channel we talk about all ways to live debt free help you with your debt-free journey so scroll down and click that red subscribe button so you never miss another video from me so some of you actually didnt know what cell phone leasing was when i was talking about this inside of the debt free millennials facebook group and its something that ive had some experience with so i want to talk about this because

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Do you need good credit to lease an iPhone?

Youll generally need a credit score of at least 600 to qualify for iPhone financing. This requirement could be different for other carriers, though, and you could be approved if there are other factors that compensate for the lower score.

What credit score do you need to lease a phone?

Theres no minimum credit score to get a phone contract. Every network operator scores you differentlyso even if one network wont give you a contract, you might have more luck elsewhere. Having bad credit doesnt stop you from getting a phone contract, but it might make it harder.

What happens if you dont return a leased phone Sprint?

Sprint Lease If you do not return the leased device or an authorized replacement or the returned device is not in good condition, you must pay all remaining accelerated payments, if applicable, and the purchase option price.

What happens at end of Sprint 18-month lease?

What happens when my lease ends? At the end of the 18-month Flex lease agreement, customers in good standing can choose to: Upgrade to a new phone. The phone you were leasing must be returned in good working condition and undamaged.

What happens after 18 month lease with Sprint?

At the end of the 18-month leasing period, you can upgrade, continue leasing, return, or buy the device.

What happens when lease is up on Sprint phone?

At the end of the leasing period, Sprint will still own the device; if you want to keep it for yourself, you can pay an additional amount in order to purchase it (usually between $150 - $200 or 25% of the purchase price).

What happens after 18-month lease with Sprint?

What happens when my lease ends? At the end of the 18-month Flex lease agreement, customers in good standing can choose to: Upgrade to a new phone. The phone you were leasing must be returned in good working condition and undamaged.

How do I get out of my Sprint phone lease?

How can I stop being billed for my phone? Youll need to pay any remaining lease charges and then decide if you want to return the phone to Sprint or buy it. Paying for the phone(s) or returning them to Sprint will complete your commitment and end any future charges. Click the chat icon below for assistance.

Does leasing a phone build credit?

Phone bills for service and usage are not usually reported to major credit bureaus, so you wont build credit when paying these month to month. However, through certain credit monitoring services, you can manually add up to 24 months of payment history to your report.

What happens after my phone lease ends?

After your lease ends, a charge will appear on your bill for the remaining purchase-option price of your device, plus taxes.

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