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If I make sizable lump sum payments in addition to my monthly payment, will this reduce my monthly iphone payment.
iPhone 14 Pro Max, iOS 17
Are you referring to doing this with monthly installments via the Apple Card?
If so, no. You will still owe the same amount every month until paid off even if you make a larger than minimum payment at some point.
Glad we could help =)
No, you pay it off early, not reduce monthly payments.
Thank you , this is what I was looking for
lowering my monthly iphone purchase payment
