Apple can shut down your 'rented' iPhone if miss a payment
Code in the iOS 27 beta describes "Restricted Mode," a system that lets a financing partner lock a leased iPhone down to nine apps when payments are missed. Nearly every app left standing exists so you can pay. A matching Partner Finance Lock blocks erasing or reselling. It arrives days before Apple Upgrade, Apple's Klarna-backed leasing program, opens on July 28.
Code in the iOS 27 beta describes "Restricted Mode," a system that lets a financing partner lock a leased iPhone down to nine apps when payments are missed. Nearly every app left standing exists so you can pay. A matching Partner Finance Lock blocks erasing or reselling. It arrives days before Apple Upgrade, Apple's Klarna-backed leasing program, opens on July 28.
