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A third of UK consumers would purchase a higher spec device if finance was available, latest research reveals

  • Date 7 Jul 2021

A survey released today reveals there is widespread confusion among consumers in the UK around whether or not they have taken out financing on their mobile phones. 

In the survey, only 27% of respondents stated they had taken device financing as part of an operator package. In contrast, when asked what kind of mobile plan they were on, 36% of respondents indicated that they were on a contract for their device and tariff suggesting many are unaware that a contract is in fact a finance agreement. 32% indicated that they owned their device outright and had a sim-only tariff.

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