Buy a mobile phone in installments

Buying an iPhone in installments or paying later without interest, what are the conditions?

In this article, we review the idea of buying in installments from online stores, its special conditions and benefits, if any, in addition to the most important methods through which one can buy in installments and the maximum limit for each company.

• How to buy an iPhone in installments in Saudi Arabia:

There are two popular and guaranteed ways to buy iPhones or other electronic products in installments. Each method has advantages and disadvantages that we will review with you.

The first method: purchasing in short-term installments through ( buy now, pay later) companies such as Tamara, Tabby, Spoti, and other companies.

If the product price is 1,500 riyals, for example, the customer pays 500 riyals as a down payment and completes the rest of the amount in two or three installments according to the company’s system.

It is usually suitable for low-priced products between 1500-2000 riyals and may rise to 3000-4000 riyals if the customer has completed many previous purchases and committed to paying.

The most important advantages and disadvantages of purchasing in installments through ( buy now, pay later) companies such as Tamara, Tabby, Spoti, and others:

• Payment is made in 3 or 4 installments (months) and cannot be spread over long periods.
• Companies do not charge any direct interest on the purchase.
• Approval or rejection is immediate.
• The purchase limit is relatively low, starting from 1,500 riyals upon the first order, and may rise to 3,000-4,000 riyals after several orders.

The second method: purchasing in long-term installments, which is available at trusted electronics stores such as Extra, Jarir, or available at your first destination for communications showroom in Riyadh.

It is usually suitable for high-priced products between 4,000 and 50,000 riyals, and for long repayment periods, up to 36 months.

The most important advantages and disadvantages of purchasing in installments through trusted electronics stores such as Extra, Jarir, or those available at your first destination for communications in Riyadh :

• Payment is made over long payment periods of up to 36 months.
• Approval or rejection is quick upon visiting the showroom.
• High purchase limit of up to 50,000 riyals and more
• No down payment required
• Smooth and quick approval without a sponsor or salary certificate
• There are slight interest rates that vary from one exhibition to another.

Mobile phone installment scams:

Unfortunately, some people are exposed to fraud by unknown persons while searching for installment services.

Therefore, before making an installment purchase, it is important to pay attention to these points:

1- Do not transfer any amounts of money to the accounts of private individuals.

2- Most of the electronic exhibitions that provide installment services do not require a down payment, such as your first destination for communications exhibition.

3- If you are requested to make a down payment, make sure you have a commercial register and an official company account to which the transfer will be made.