
Contributor
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1 Message
Paying off installment balance/credits
I'm currently on Next with monthly installment payments. A credit is applied to my account each month because I traded in a phone.
My question is: If I were to pay off the outstanding balance owed in one lump sum, will the remaining credits be deducted from that balance?
Hope that made sense.
My question is: If I were to pay off the outstanding balance owed in one lump sum, will the remaining credits be deducted from that balance?
Hope that made sense.
formerlyknownas
ACE - Sage
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105.6K Messages
6 years ago
Nope if you pay it off credits also stop.
The offer says "may stop". But they do...
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sandblaster
ACE - Expert
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63.1K Messages
6 years ago
I've never heard of getting monthly credits for a trade in. I suspect your monthly credits are due to a buy one get one offer. If that is the case, if you pay off the balance, you lose the monthly credits. Edit: if you are participating in the iPhone 6/6s trade in for a free iPhone 7 offer, those credits are not for the trade in. You are just getting a free iPhone 7 just like if bought on a BOGO offer. Same rule applies, if you pay off the balance, you lose the monthly credits.
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