Year: 2017

Equifax Victims may face problems when trying to purchase an iPhone X

“Apple fans who froze their credit after the Equifax data breach may end up with another hassle on their hands if they try to get one of the new iPhones that can cost more than $1,000,” Ken Sweet and Michael Liedtke report for The Associated Press. “People who did so and want to make any big purchase may find the same.”

“Since Equifax disclosed that 143 million Americans had their Social Security numbers and other personal data hacked, experts have encouraged people who may affected to put in place what’s known as a credit freeze,” Sweet and Liedtke report. “That locks down a person’s credit from being stolen by identity thieves — but could also mean delays and more fees for the Equifax victims who want to finance a new phone.”

“You can unfreeze your credit before a big purchase and freeze it again afterward. How long it will take and how much it costs vary state by state. Experts say generally it’s best to give the major credit bureaus — TransUnion, Experian and Equifax — notice of several hours or even a few days before you apply for financing,” Sweet and Liedtke report. “And people just getting used to the idea of freezing their credit could pay $3 to $10 for each action at each of the three bureaus… Citizens Financial Group, which runs the Apple financing program, said any new or existing customer who has a credit freeze on their information will be declined financing. So they would have to unfreeze their credit, at least temporarily.”

Read more in the full article here.

iPhone X: Considering buying the device through the iPhone Upgrade Program? Read this

“iPhone fans looking to buy the iPhone X without having to pay for the handset upfront have many options to do so, with Apple’s iPhone Upgrade Program being one of them,” Chris Smith writes for BGR.

“We already learned that the program will let you mail in your iPhone once the new iPhone X arrives on November 3rd. That’s not even the best part,” Smith writes. “Because Apple has to delay the phone until November, it means you have to pay up to two additional installments on your iPhone 7. And it turns out you’re going to get your cash back.”

“Contact Citizens One yourself to make sure the extra payments are refunded,” Smith writes. “As one Reddit user rightly points out, you don’t have to upgrade after 12 months. And you’re choosing to wait the extra two months for the iPhone X instead of opting for an iPhone 8 or 8 Plus.”

Read more in the full article here.

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