this post was submitted on 28 Jun 2024
709 points (99.9% liked)
Technology
59495 readers
3081 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
In your circle maybe, I'd love the statistics on this though because I'm pretty sure the overwhelming majority are paying for their phones on installment through their carriers.
Yep. Or quasi installments. They usually make it where your paying like $20 a month on the phone for two years, but they're deducting $20 a month off your monthly service at the same time. That way if you try to break contract, you have to pay for the rest of your phone that you still owe.
Yep. "Free phone" via bill credits for 2 years but they'll proudly proclaim they don't do contracts and there's no ETFs. Technically true, but realistically no difference.