Cricket Partners with Aaron's to Attract Lease-to-Own Shoppers
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Apr 4, 2016, 8:28 AM by Eric M. Zeman
Cricket Wireless today announced a new retail partnership with Aaron's that will make Cricket's SIM card starter kit available at about 2,000 Aaron's locations around the country. Aaron's offers goods on a lease-to-own basis. Consumers who lease a smartphone from Aaron's can now activate that phone on Cricket's network right at the Aaron's retail store. Aaron's online lineup of devices includes the Samsung Galaxy S5, Galaxy Note 3, LG G3, and Motorola Moto G. Lease prices are expensive. For example, Aaron's lists the Galaxy S5 retail price at $840. (The Galaxy S5 is available new from retailers such as Amazon.com for $360, unlocked.) Monthly lease costs from Aaron's run $90 per month for 18 months, which totals about $1,620. Finance charges are about $780 in this example. These prices don't include Cricket's service fees, which start at $40 per month.
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