@cinnamon16201 The way I understand these to work is like this: your bill will show two line items. One will be the full payment amount of $27.08/month. Then you will see a credit of $17.08/month on a separate line, for a net cost to you of $10/month. The "catch" is that you have to make these payments over two years. If you pay it off early, which is allowed, you lose the monthly credit. It's a different way to hook you into being with them for at least two years so they can recover the cost of the phone through the service. When I bought my current phone from them, they gave me a $300 credit on my first bill, and I make full monthly payments. If I pay it off earlier than 2 years, I lose nothing. I think too many people paid it off and sold the phone, making some cash on the deal. I don't know if that's even available. Seems like they now apply a monthly credit so as to keep you the full 24 months! Jerks! (Still, if you don't plan on leaving Verizon, it's a great deal!!)
