Sprint Lease Agreement

Upgrade to a new device. You can use our installation purchase installation plan (POIP), which is a nine-month interest-free installment payment plan. You will be informed if you have the right to use this option. For POIP, log in to My T-Mobile: 1. Log in to My T-Mobile. 2. Click on billing. 3. Under « JUMP! » On demand, click View rental details. 4. Click on the payment plan in instalments to get.

5. Check the payment information. A payment for taxes is due today, and then there will be nine monthly payments. 6. Enter the payment details, then click Agreement and continue. 7. Complete the electronic signature process. 8. Once the transaction is complete, a confirmation message is displayed. Log in to POIP in the T-Mobile app: 1. Launch the T-Mobile app. 2.

Tap on « Billing & Payments » on the lease expires soon. Take action. 3. Tap on the installment payment plan received. 4. Check the payment information. A payment for taxes is due today, and then there will be nine monthly payments. 5. Enter the payment details, then tap on the agreement and continue. 6. Complete the electronic signature process. This may require the agreement to be sent by email and authorized on a computer.

7. Once the transaction is complete, a confirmation message is displayed. To decide if you`re opting for a Sprint Flex Lease, it`s also important to pay attention to the fine print, especially if your creditworthiness isn`t good. If you have a low credit score and decide to rent a phone, a surcharge called a « rental fee » can be written into the lease agreement and applied to monthly payments. Unlike any other major carrier that applies your monthly rental fee to finally own the device, Sprint requires you to verbally choose this option, otherwise the device belongs to them forever. If I hadn`t discovered this by chance, they will gladly charge you the rental fee of $20-30/mo forever. You can at the end of x2 or x3 or more of the initial cost of the device to the height of everything, and at the end of everything, it will still not belong to you. I paid double the value of this iPhone 6s and still have to pay it US$174 to officially own the device. This is a real scandal and an absolutely ruthless attitude towards customers.

In other words, you get a discount on rental time – not on the final balance of the phone. Therefore, if you intend to purchase your device, only postpone the due date of these other 20 $US per month until the end of your flex term. Customers can also update any device at an early stage by using Easy Pay and adding the Early Upgrade option. The option costs $10 per month. Customers must add the option of an early upgrade within 30 days of activating the rented phone. Once consumers have made 12 consecutive payments, they can return the phone to Sprint and purchase a new one. As BGR reports, these lease payments are not charged to your phone`s balance. You must opt for the Sprint purchase price option by paying a lump sum for the credit or signing up for six other payments to own your device. Some consumers want to buy their Android or Apple devices at the end of the rental period.

Each sprint lease agreement includes a purchase option price. Consumers should find the price on their lease. It is usually $200 or less. Once their lease expires, they can make the payment of the purchase option price at a sprint store. That`s when they`re going to own the device. You may be wondering, « What will happen if I pay for my sprint rental agreement? » You can return your phone, but you also have several other options at your disposal. It is important to note that if customers do not pay the price of the purchase option, they must return the phone so that they cannot sell it. Some phone owners collect a portion of purchase or contract prices by selling their devices when they own them directly. People need to consider this before making a deal.

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