There is a new business that rents you products. I was looking at getting the iPhone Pro 12 and the rent is about $143 a month over 2 years ($3432). Seems to be a high mark up for the advantage of renting.
But here is an interesting tidbit that I found in the FAQ section of the site:
How does blocking technology on my mobile phone work?
Blocking Technology has been added to your mobile phone, allowing Snaffle to locate your handset if it gets lost, disable the device if it is stolen, and send a message to the person with the phone if stolen.
We may also use this technology should there be payments overdue on your rental, in which case you should contact us immediately on 1800 199 285.
Snaffle will not use the Blocking Technology to view, use or transmit any information on your handset.
I wonder where and when this blocking tech is installed? Seems sus to me.