That's how it works i EU (or at least the majority of it). Also, it as it is far easier to buy a phone with an installment plan than to get a cash loan, it's v

That's how it works i EU (or at least the majority of it). Also, it as it is far easier to buy a phone with an installment plan than to get a cash loan, it's very common to see brand new, unboxed phones sold on the second-hand market. People sell the phone for cash and use the installment plan as an interest-free loan payment.