Apple discontinuing Apple Card financing for phones without carrier connection
Apple is making a major change to its Apple Card Monthly Installment purchase option for iPhone buyers. Starting in August,...
That's fine, I'll just buy used phones instead again. I will never go back to using big carriers who want me to pay twice as much as a MVNO.
You can still buy unlocked phones, you just can’t finance them with Apple Card monthly installments.
Couldn’t do it to myself, there is a reason MVNOS are cheaper they get deprioritised access to the network and the big one they collect all your data for selling.
The explanation from Apple does not give “why” they are removing financing for carrier unlocked phones.
Is this pushback from the major carriers?
Is GS trying to reduce their liability by offloading financing to major carriers?
So many questions unanswered.
People say GS, but I feel like financing iPhones only makes up a tiny part of Apple Card lending.
I’m curious whether or not “carrier connection” includes prepaid mobile plans or if it’s shorthand for “contract-only”.
