Apple won’t turn on any ‘restricted mode’ for missed lease payments

TechCloseTechPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All TechNewsCloseNewsPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All NewsAppleCloseApplePosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All AppleApple won’t turn on any ‘restricted mode’ for missed lease payments‘There will be no limitations put on device functionality due to missed payments,‘ Apple says.‘There will be no limitations put on device functionality due to missed payments,‘ Apple says.by Emma RothCloseEmma RothNews WriterPosts from this author will be added to your daily email digest and your homepage feed.FollowFollowSee All by Emma RothJul 28, 2026, 6:43 PM UTCLinkShareGiftPhoto: Allison Johnson / The VergeEmma RothCloseEmma RothPosts from this author will be added to your daily email digest and your homepage feed.FollowFollowSee All by Emma Roth is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO.Apple says it won’t limit the capabilities of devices leased through its new Upgrade program if you miss a payment. In an emailed statement to The Verge, Apple spokesperson Brian Bumbery says, “There will be no restricted mode and/or there will be no limitations put on device functionality due to missed payments or default with the Apple Upgrade program.”This confirmation comes after 9to5Mac uncovered code in an iOS 27 beta for a new “App Managed Features” system. This would reportedly allow financial partners to “perform ongoing status checks” on a device, as well as have Apple’s system services put a device in “Restricted Mode” if its owner isn’t in good financial standing. As noted by 9to5Mac, Restricted Mode would prevent users from accessing most apps on their phone, except for basic ones like Phone, the App Store, Clock, Settings, and Wallet.RelatedApple launches ‘Upgrade’ program to lease new devicesApple is partnering with the buy now, pay later service Klarna to launch its Upgrade program, allowing customers to lease a new iPhone, iPad, Mac, and Apple Watch for a flat monthly price with no interest fees. Klarna spokesperson Clare Nordstrom tells The Verge that if customers miss three payments in a row, the company will “terminate the lease agreement and the customer will need to pay the full outstanding balance.”Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.Emma RothCloseEmma RothNews WriterPosts from this author will be added to your daily email digest and your homepage feed.FollowFollowSee All by Emma RothAppleCloseApplePosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All AppleiOSCloseiOSPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All iOSiPhoneCloseiPhonePosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All iPhoneNewsCloseNewsPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All NewsTechCloseTechPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All TechMost PopularMost PopularHugging Face is being used to easily undress women and childrenApple launches ‘Upgrade’ program to lease new devicesX Money is launching in the US starting todaySmart rings are looking like my kind of AI gadgetIs it illegal to trick the US government into wiping your phone during a questionably legal search?The Verge DailyA free daily digest of the news that matters most.Email (required)Sign UpBy submitting your email, you agree to our Terms and Privacy Notice. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.Advertiser Content FromThi