Apple is changing its policy regarding carrier-financed iPhones purchased through its online store and retail locations. Previously, iPhones financed through carriers like T-Mobile and Verizon were unlocked, allowing customers to use them with any compatible network. However, this loophole is closing, and iPhones financed through these carriers will now be locked to the respective network until the device is fully paid off.

This change means that customers financing an iPhone through T-Mobile or Verizon will be restricted to using that carrier's service. iPhones financed through AT&T have always been locked. The company has not officially stated the reason for this shift, but it aligns with standard industry practices to prevent the resale of unpaid devices and potentially leverage carrier trade-in programs and discounts.

While Apple's checkout process may not yet fully reflect this change, the company's updated FAQ explicitly states that iPhones financed via the AT&T Installment Plan, T-Mobile Equipment Installment Plan, or Verizon Device Payment Program will be locked. iPhones purchased outright or through Apple Card Monthly Installments will continue to be sold unlocked.