So I am currently paying on contract £40 a month for an iPhone 7. It says on the app that I can upgrade early if I pay the rest of the phone off in full, as I haven’t completed the full amount of monthly payments. I am willing to pay that price, and I have payed all of my payments on time, some times earlier.
I just have a few questions:
1. Once I click the last button saying ‘Upgrade’ on the app, will the money be taken out straight away to pay for the phone and the monthly payments, or will I get a call or text to confirm the payment, or will it just be taken out after a few days or something. (The new phone is the iPhone X by the way)
2. Will I need to pass another credit check as my credit isn’t that good? I don’t see why they would need to do this as all my payments have never been late, and all I’m paying for is a higher monthly cost. Will they still do a credit check? I’ve also been paying the bill for about 6-7 months now.
3. Since I have to pay £500 to pay for my iPhone 7 in full, do I have to have the money in my account at all times right after I click ‘Upgrade’? As I have to sell my phone to get the X, so I don’t want to receive a message saying they can’t do it and I then have no phone to use.
4. Will I recieve a phone call about unlocking the phone or a text? as they said they will get back to me in a few days.