<prompt> Human: More details: so I just was accepted for my first credit card, the discover it student card. I got it to build crest as I have none right now. Ive yet to even receive it in the mail, and today, my phone totally broke-its unusable. I cant afford to drop 800 on a new one right away so I was wanting to finance it through the Apple iPhone upgrade program which has you pay it off in a 0-interest loan over 2 yearsTHAT I can afford. You can only put this loan on a credit card, and it does a hard credit check to approve you. However, since my card is so new, will this negatively impact my credit? I plan to be responsible with this cardtreat it as a debit card basically, and Im only 20 with no student debt at a good university, I will have no car loans or home loans in the near future. Just looking for advice here! Ps- parents helping is not an option for meEdit-autocorrect  <response>: THAT I can afford.If you cant pay cash upfront then you cannot afford it.Those 1,000 iphones cost apple 358 to build. You think its interest free but they simply roll the GP into the price. You think its a great deal. It is not.There are lots of great 100 smart phones out there. since my card is so new, will this negatively impact my credit?Yes. Low AAoA. Recent hard inquiry. New account. Those will all hurt your FICO score. Just looking for advice here!Buy a phone you can pay cash for. 