How To Decide Between Prepaid And Contract Plans
Submitted by Amber on Monday, March 23, 2009 - 01:39. Buyers Guide
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Ready to purchase a cell phone, but unsure whether to sign a contract or not. There are numerous plans to choose from depending on your situation. Make the right choice but weighing some options. |
| Instructions | Difficulty: Moderately Easy |
Things You'll Need:
- Money
- Patience
1
Check your credit score. Depending on your score you can either be rejected (highly unlikely) or be asked to pay a deposit with a contract plan. If your budget can't afford the extra dip in the pocket prepaid plans are the way to go as they do not require a credit check.2
How often do you talk on the phone vs. text message. Do you need a plan with a lot of minutes? Will you have a plan with many left over minutes each month? Consider prepaid if you won't be talking on the phone often and need something just for emergencies. There are also plans with rollover minute options which also might be of good use.3
Is your child coming of age in the cell phone realm? If you don't want to sign a contract for your child, tween, teen, prepaid would be a great option. Otherwise some services have nice family plan options that you might want to consider. Just remember contract cancellation fees that might occur if you cancel your plan prematurely.
Tips & Warnings
- Prepay doesn't require a credit check
- Take your time when choosing a service provider and a plan; there is something out there to suit everyones' needs
- Make sure you read the fine print when signing a contract many companies charge fees for certain plan and contract changes.
How To Article: How To Decide Between Prepaid And Contract Plans