“Does this new device come "locked" for a certain period of time? If so, how long is the lock in place?”
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Once you have paid off the device 24 or 30 months or if you’ve purchased the device in full so no monthly payments then you can unlock the device the other alternative is to purchase it directly from Apple they all come in locked if you buy from Apple directly but you generally have to pay in full or use their credit card
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