2017 Credit Scores & iPhone Launch Survey
The release of each new iPhone model is a big-money occasion. Not just for Apple, the world's largest company by market capitalization and a new Warren Buffet favorite. But also for consumers, who will reportedly be asked to shell out up to $1,400 for the new device at a time when credit card debt is approaching record highs. The key, it seems, is that credit scores are at lofty historical levels, too. In other words, installment plans and other financing arrangements will help the iPhone remain as popular as ever into its second decade.
But how much do consumers really know about the connection between their credit scores and monthly cell phone bills? Do we care more about our phones than our credit scores? And just how excited are we about the iPhone's 10th anniversary model?
To answer all of those questions and more, WalletHub performed a nationally representative survey of American consumers. The survey was conducted online from Aug. 21 to Aug. 28. You can find the results in the following infographic.
Was this article helpful?