Set Out Us Phone Lease For Free

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).

Leasing a phone is similar in concept to monthly installments, as you pay a specified amount per month?the main difference between the two is that you won't keep the phone at the end of a lease, whereas the phone is yours when paid for through monthly installments.

You can rent a cell phone for a day, a week, a month or even longer. Our rental rates have no hidden costs or clauses, and we offer accidental damage coverage. Choose a WiFi only phone rental or jump onto our cellular plan on the nation's most reliable network carrier, Verizon Wireless.

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).

Phone leasing agreements 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.

Failure to pay your phone contract will put you into debt. This will negatively affect your credit score, which can prevent you from taking out a credit card, loan or mortgage for the next 6 years. Failure to pay may also see your debt passed onto a debt collection agency.

Leasing company owns the phone That means that you can decide what to do with it, including whether to keep it or sell it to someone else. You don't have that option with leasing, unless you decide to buy the phone later.