A mobile device may be configured to determine, in a secure portion of the mobile device, whether a non-volatile indication (e.g., a fuse or non-volatile bit or flag) allocated to lender binding has been set. A mobile device processor may query a payment server associated with a lender of the mobile device to determine a next payment due date in response to determining that the non-volatile indication allocated to lender binding has been set, and select an operating mode for the mobile device based on a difference between the next payment due date and the current date.