EIP Upgrades (Equipment Installment Plans)

-BRPs and AUs can initiate EIP
-Account must be current
-Most all device are eligible (Must check closely)
-No-Credit-Check(NCC) and Pre-paid are not eligible

How does it work?

-Upfront costs
-Down payments
- Monthly Installments (remaining cost)

Note: To know the customer is well-qualified is to determine their credit class. 

-Well-qualified customers: will pay low down payment, and higher monthly payments.
-Not-qualified customers: will pay higher down payment, and lower monthly payment.

Things to remember: 

-Trade-ins can be done tih EIP Upgrades
-Trade-in process and credits vary by POS
-An EIP agreement is an interest free loan
-Can pay off anytime
-Minimal as possible upfront costs

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*What is JOD?

An 18th month lease agreement upgrades once every days. Small downpayment if any only pay full price if you want to.

*End Lease Options:

-New JOD
-Pay lump sum
-Setup POIP
-Turn-in

Restrictions:

-Unable to upgrade to the same device
_Once JOD is closed it cannot be reopenned
-Extra or partial payments aren't allowed
-Protection <360> is not included
-Leased cannot be transferred from BAN to BAN
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JUMP Upgrades 

-Included in Protection <360>
-Upgrade at 50% EIP Balance
-Current device must pass inspection
-Originally finance device must be returned
-Must be in good condition  when returned
-Customers cannot JUMP from a device to tablet or tablet to device
-Only JUMP! 2 is currently offered; JUMP 1 has been grandfather