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sorry if this is a stupid question, but if you don't pay for the phone don't they repossess it or something?
by dingnuts 2y ago
sorry if this is a stupid question, but if you don't pay for the phone don't they repossess it or something?
- batch12 2y agoNo. They charge you and if you dont pay, they report your debt to credit agencies.
- michaelmrose 2y agoSo your average phone costs $700-$800 retail new. Cost of repossession would be going to court, court costs, lawyer bills etc. I would end up costing $5000+ for a piece of used goods that is worth $300 if they are lucky.