Make Up Us Phone Lease For Free

If you can be content using the same phone for two years or longer, your better off just buying your phones outright. Overtime, lease payments could add up to far more than you would pay for the phone upfront assuming you don't trade your phone in every year or two.

After 18 Months After 18 monthly payments, your Sprint Flex Lease is technically over, though you can decide to lease it as long as you want. However, if you want to buy the phone, you will pay the Fair Market Value price (different than the Purchase Option Price above).

No, you will not own the device at the end of your leasing term. However, you do have the option to buy your phone at the end of the term by paying the balance off. Cell phone leasing plans are payment plans where a carrier charges you each month to "rent" their phone.

If you're financing through a phone manufacturer or third party, they may place a hard inquiry, also known as a hard credit check, on your credit report. This could result in a credit score drop.

Key Points The easiest way to get a cell phone with bad credit is to buy a prepaid phone and plan. Many of the most popular service providers offer some type of prepaid plan with no credit check: This includes AT&T, Boost Mobile, Cricket Wireless and Metro by T-Mobile.

Once the leasing term is up, you can either swap the old phone for a newer one (at likely a more expensive leasing cost), pay off the remaining cost of the phone immediately to own it outright, or switch to an installment plan to pay off the remaining cost that way.

End of Lease turn-in If you decide not to keep the phone, you must turn it in at a T-Mobile store. You can then decide to start a new lease on a new phone, or talk with our team about other upgrade options, such as an Equipment Installment Plan (EIP).

Mobile Carrier Freedom. Bring your eligible phone with you and we'll reimburse your remaining phone payment balance when you switch from select carriers (including Verizon and A&) to Mobile ? up to $800/line (up to 5 lines) via virtual prepaid card.