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Be wary of the no-money-down iPhone 6

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Apple’s iPhone 6 is expected to hit the market in August, and your wireless carrier probably isn’t going to make it easy for you to get one.

According to reporting by CNNMoney, if you decide to get the new iPhone, you’re going to have to decipher new purchase plans. You’ll also likely pay more overall, no matter which plan you choose.

Most carriers are no longer offering or are phasing out subsidizing the price of a new device with a two-year contract. Customers now must choose between no upfront payments but higher monthly bills, or paying the full price of the new phone upfront and a slightly lower monthly bill. Either option costs consumers more than the old two-year contract plans, CNNMoney reports.

Read more from CNNMoney.[[In-content Ad]]

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