HTC financing plan lets users get an unlocked 32GB HTC One for $0 down
So far, the plan will launch for AT&T and T-Mobile for the US users
In case you want to have a brand new HTC One, however you don’t feel comfortable for carrier-locked or carrier-branded devices or you simply can’t afford the $600 upfront payment, there’s a solution. HTC now offers a financing option for unlocked HTC One handsets in a quite a tempting plan.
Users can now get a brand new unlocked HTC One 32GB version with HTC’s new financing plan in case they have a qualifying credit. There is no down payment, to start with, and once users provide the credit checks, they will be able to pay off the device for $25 monthly payment for the next 2 years that is the typical length of a phone contract. As long as users make every payment for their HTC One in time, they’ll have paid the handset at its full $600 worth at the end of the second year. The good news is HTC won’t charge its users any interests for the unlocked device, but I repeat- the only condition is for those $25 payments to be made on time. Now it’s logical to reveal what happens in case the users fail to make their monthly payments on time, right? So, here’s the catch. If the users don’t play by the simple rule and miss a payment, they’ll be required to pay more than $600 overall. Even one single missed $25 payment will add a charge of 29.99% interest on the whole financing plan. Fortunately, this is the only catch and HTC has made their plan affordable enough. Seems fair.
Now to the main question- where does the financial plan for an unlocked HTC One work? So far, the plan will launch for AT&T and T-Mobile for the US users as well as any other GSM network in the country. This makes a lot of sense after AT&T launched their Mobile Share Value plans that save users $15 a month when they bring an unlocked phone to the carrier.
Source: Android Authority