Got Bad Credit? Do You Really NEED the iPhone 15?

Got Bad Credit? Do You Really NEED the iPhone 15?

Following the recent Apple insider leaks regarding the iPhone 15, more and more customers have been weighing up the pros and cons of planning the purchase for September 2023. Whether you’re clinging to your iPhone 8 or your newer iPhone 14, you’ll probably consider the upgrades at some point. Despite being several months in advance and having plenty of time to save, we need to think realistically about buying a new phone; after all, they’re only becoming more expensive. We understand that we all like the sound of a periscope camera and the improved AI that the new models are rumoured to bring, or maybe you’re just somebody who likes to follow the trends. However, for those with bad credit scores or poorer money management skills, perhaps the iPhone 15 is something you should give a second thought.

How Much Is The iPhone 15?

Given the more expensive internal components, particularly the periscope lens technology and the improved AI features in the iPhone 15 Pro Max, many experts are expecting a rise in the price of the newer models. However, this has not yet been verified, and it’s likely that we won’t know the exact price of the new iPhone 15 until Apple makes it available for purchase. When the most recent iPhone 14 models were released, Apple priced them starting at £849, with prices increasing depending on the model and storage that an individual opted for. As a result, it’s expected that the upcoming iPhone 15 will have a similar price, possibly with a slight increase.

Should You Splurge?

Undoubtedly, most people check their phones every five minutes or less. With the online world growing and people now even working from their phones, their importance is definitely on the rise. In fact, some would suggest it’s extremely odd not to own a mobile phone by now. However, that’s all personal preference! So, many active phone users, particularly those with higher screen times, would easily argue that buying a new and improved phone will help you work smarter rather than harder. But is this worth the splurge?

The question of whether you should splurge on the iPhone 15 or not is something that can be heavily debated. Some would suggest that we use our devices all day, every day. As a result, having a smartphone with better security, a longer battery life, and speedier performance is essential. The phones, on the other hand, are pricey and lack noticeable differentiation, meaning there are few differences between the models.

The decision to buy a new iPhone should be based on how you’re doing financially. One of the positives of considering the purchase this far in advance is the opportunity you have to save up. With the right budgeting method and financial attitude, setting aside a sum of money each month will soon help you reach your goals, without splashing out all at once. However, this is much easier said than done, with 20% of Brits having no savings at all in 2022. For budgeting tips, click here. In some cases, individuals may even opt for a payday loan. However, payday loans should be used for financial emergencies rather than personal shopping habits.


In many cases, it isn’t about getting the newest model; individuals may just want a phone newer than their current. So, instead of opting for the newest and most expensive device, you could begin by looking elsewhere. If you’re still searching for a newer iPhone, Apple and other retailers tend to reduce the price of the previous models when the newest devices are released onto the market. In fact, you could even trade in your old device and receive another phone for a discounted price.

Moving away from new Apple devices, you could consider purchasing second-hand, whether this is online or in person. However, before completing any sales, ensure that the device is in good condition to reduce the risk of further complications. The last thing you want is to spend money on a phone only to discover that it doesn’t work properly. Therefore, resulting in additional expenses that many of us wouldn’t be able to afford. If you find yourself in this position, a payday loan could assist with your financial difficulties. Find out more here.