Is it possible to front part of the money to reduce monthly payment fees for a phone? null

Question

Spike · Accepted Answer

Yes, you can put down any amount and the balance will be divided by 24 months to make a smaller monthly payment.

Doug · Answer

Yes.

Answer

Yes; HOWEVER, be warned that some deals are discounted over the lifetime of the payment plan. (for example $200 off a 24-month payment plan will take $8.33 off each billing statement) If you pay the phone off early, you will not receive the discount for the remaining months. Be sure to check if this is the case before deciding.

Answered by Anonymous 7 years ago

whosright · Answer

I was told by Verizon at BestBuy that I could pay any portion of the phone to lower monthly payments. "HOWEVER" it has to be done at the beginning when you do the contract. You CAN'T decide to pay X amount after that and lower Monthly bill Payments. It will shorten the length of time (months) you have to pay for the device, but will not lower monthly payments. Not sure if this is accurate, it is what I was told.

Answered by whosright 7 years ago

Jewel · Answer

Do you mean can you make a down payment to make the monthly fees lower? If so, then yes, I made a down payment on my phone when I purchased it to make the monthly payments lower.

“Is it possible to front part of the money to reduce monthly payment fees for a phone?”

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