When Motorola ramped up its efforts to sell phones directly to consumers, it introduced the Motorola credit account. The account lets you pay off the cost of a device monthly. Not everyone can drop hundreds of dollars up front on an unlocked phone, so this was a welcome option. Not anymore, though. The Motorola credit account is going away.
As of now, you cannot apply for any new Motorola credit accounts, which are operated by Comenity Capital bank.
Motorola discontinues Moto credit account, existing accounts can make purchases until November 29 was written by the awesome team at Android Police.