Save on your monthly payments
If you’re happy with your current device, you can choose a new 12, 24 or 36-month lease and lower your monthly price by up to 55%.
Choose this option if:
You’re on monthly rolling and want a lower monthly price
You’ve reached the end of your fixed lease and want to keep your device longer
How to extend and save
Log in to your Raylo account
Go to Your Tech and choose the device
Tap See end-of-lease options
Choose Extend lese
Select a new lease term (12, 24 or 36 months)
Follow the steps to confirm. That’s it!
Your final rolling payment will be taken on the regular date. Once that’s processed, your new lower price kicks in automatically from the next month, on the same date.
FAQs
Is there a credit check for extending my lease?
Is there a credit check for extending my lease?
Yes, a soft credit check is part of the process. It won’t affect your credit score.
Will my payment date change?
Will my payment date change?
No, your payment date stays the same. Only the price changes.
When does the lower price start?
When does the lower price start?
Your new monthly price starts after your final rolling payment is processed, usually the following month.
Can I cancel later if I extend?
Can I cancel later if I extend?
When you choose to extend and save, you’re committing to a fixed term of 12, 24 or 36 months at a lower monthly price. If you cancel early, an early cancellation fee will apply.