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Yes, in two ways: - By buying on a subsidized contract, you've effectively used a loan for an iPhone. It's not different just because the phone company issued
by amalcon 12y ago
Yes, in two ways:
- By buying on a subsidized contract, you've effectively used a loan for an iPhone. It's not different just because the phone company issued the loan.
- By using a loan for something else (e.g. tuition, automotive, housing), and then buying an iPhone instead of paying down the loan
- jn1234 12y agoI wouldn't consider buying an iPhone on a subsidized contract a loan because you are just commiting to have service for a set period of time. You would be paying the same amount for service regardless if you were under contract or not.
- ceejayoz 12y ago> You would be paying the same amount for service regardless if you were under contract or not. No, it's lower if you bring your own device with most carriers. http://www.att.com/shop/wireless/byop.html http://www.att.com/shop/wireless/byop.html