Secure Us Phone Lease For Free

What Happens If You Don't Return a Leased Phone? This depends on where you are with payments. Some carriers let you continue paying the fee to lease the phone. However, if you're late with your payments and have not returned the phone once your lease has expired, this information may end up on your credit report.

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.

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.

About your monthly contract After 12 months, you have the option to continue renting the same device for a further 12 months*, or you can choose to upgrade for free or end the agreement and return the device.

If your device is lost, stolen or damaged, you're still responsible for your monthly device payments until the agreement is paid in full. If you have device protection on your device, you can file a claim with for a replacement device and continue with your monthly payment.

- You can't buy Raylo phones outright as all of our contracts are for leasing. However, if you want to keep your phone at the end of your 12 or 24 month contract, you can do so by paying a non return fee.

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.

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).