1. Evaluate Your Financial Situation

The first thing you have to do is see where you stand financially. Determine your credit score since this can affect loan approval and interest rates. The better terms are usually offered to the higher-scoring borrower. Next, research different financing options. Most of what you'll consume will also be available free with ads, or at least on an installment plan that lets you pay for it over time, often sans interest. These options are easy, and usually provide phone, plan and services all bundled into one monthly bill.

2. Where to Loan

Alternatively, you could look into personal loans from banks or online lenders. These might involve interest, but they're flexible options that give you scope to choose any device, and pay it off. Credit cards tend to be another popular option, particularly ones with zero introductory APR promotions. But it's essential to pay off the balance before the promotion period is up or you will pay a steep interest rate.

3. Read Terms and Conditions

Be sure to read the fine print. Watch out for any fees that could be buried in fine print, early repayment penalties and the total cost of borrowing over time. Compare offers to find the cheapest one. You should also establish a budget, and don't go into unnecessary debt.

4. Choose a Reputable Lender

Lastly, make sure you pick a good lender or carrier. Read customer reviews, and make sure there are no unexpected charges or practices. You can buy your shiny new mobile without any worries using these methods, thus making a big purchase fun and affordable.