Terms & conditions

1. Agreement overview

This iPhone Lease-to-Own Agreement (“Agreement”) is entered into between iCredit (“we”, “us”) and the customer named on the approved credit application (“you”). By submitting an application and placing an order, you agree to lease the selected iPhone from us on the terms below, with the option to own it outright after 24 months of on-time payments.

2. Term and monthly payments

The lease term is 24 months. Your monthly instalment is shown on your approved application and order confirmation. Payment is due monthly in advance on the same date each month, starting from the date your iPhone is activated. A refundable deposit is payable 7 days after activation — not at the time of ordering.

3. Device activation & locking

iPhones bought on credit are equipped with device-management software that locks the phone if a monthly instalment is missed. The device unlocks automatically once the outstanding payment is received. Locking does not erase your personal data, but you are responsible for backing up your data.

4. Ownership

Title to the iPhone remains with iCredit until the full 24-month term is complete and all payments have been made. On completion we provide an unlock code and ownership transfers to you. You may not sell, sub-lease, or transfer the device before ownership transfers to you.

5. Your responsibilities

• Pay each monthly instalment on the due date.
• Keep your contact details and delivery address up to date.
• Take reasonable care of the device and keep it free from major damage.
• Notify us within 48 hours if the device is lost or stolen.
• Do not tamper with or attempt to bypass the device-locking software.

6. Late or missed payments

If a payment is more than 3 days late, a late fee of R50 may apply and the device may be locked. If a payment remains unpaid for more than 30 days, we may begin recovery proceedings for the device. Consistent non-payment may affect your ability to lease from us in future.

7. Early settlement & cancellation

You may settle the remaining balance early at any time, after which ownership transfers to you immediately. You may cancel this Agreement within 7 days of activation, provided the device is returned in its original condition. A reasonable restocking fee may apply to cancellations after 7 days.

8. Delivery

Delivery is handled by RAM Couriers or via in-store collection at Garden Route Mall, George. Standard delivery takes 4–7 working days; express takes 2–3 working days. The courier verifies your ID document and selfie at delivery. The delivery fee is due today and paid separately by EFT when you place your order — it is not added to your monthly instalments.

9. Warranties and defects

New iPhones carry the manufacturer's warranty. iCredit is not liable for damage caused by misuse, unauthorised repairs, or loss. Report any out-of-box defect within 7 days of delivery for a replacement.

10. Privacy and POPIA

We process your personal information in line with the Protection of Personal Information Act (POPIA). Your information is used to assess your application, manage your lease, and communicate with you. We do not sell your data. You may request access to or correction of your information at any time.

11. Changes to terms

We may update these terms from time to time. Material changes will be communicated to you by email at least 30 days before they take effect.

12. Governing law

This Agreement is governed by the laws of South Africa. Any disputes will be resolved in the courts of the Western Cape or through our complaints process before escalation.