News by Andrew Kameka on Thursday January 16, 2014.
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And Sprint makes four. Following the lead of T-Mobile, Verizon, and AT&T, Sprint today has announced a new early upgrade program that lets customers purchase a new phone at any time and split the total costs among 24 monthly payments. The Sprint Easy Pay plan requires customers to check their eligibility for an upgrade and then decide if they will wait for their existing contract to expire or simply get that new iPhone, Galaxy Note 3, or G2 now by buying the phone without subsidies.
Sprint Easy Pay works similar to the early upgrade plans from other carriers. Customers make a down payment for a phone and then have to pay the remaining balance over the course of 24 months. The cost can be lessened by trading in an existing phone, but only if the balance of that phone has been paid already.
Unlike T-Mobile, there does not seem to be any discount in a monthly service charge when someone pays full price for a smartphone. Easy Pay is designed for those who wish to upgrade faster than the standard two-year cycle. Now that Sprint has killed its One Up program four months after launch, Easy Pay is the quickest route to a new phone on Sprint.source: Sprint
Andrew is MobileBurn.com's managing editor. He is based in Miami, Florida.