Term: Mobile Phone
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Can You Get a Loan for a New Cellphone?

By Steven Shaw on 1/15/2014

cellphone financing 

Smartphones are expensive: One of the latest iPhone models can set you back $600 or more. That’s more than some laptops!

So what happens if you need to replace your phone fast, but don’t have enough cash on hand? Can you finance a smartphone?

The short answer is “yes.” The longer answer includes the caveat “be careful.” That’s because financing options vary widely and all contain hidden traps of one sort or another.

Mobile Phone
personal finance