Prepaid mobile phones verse monthly deals

April 11, 2009 by admin  
Filed under Finance, Personal Finance

How many $0 upfront mobile phone plans have you been tricked into? Don’t worry your not alone plenty of consumers have fell for this trick time and time again the next greatest phone comes out and a telemarketer or door to door sales man offers you a mobile phone for free or even tells you have won the mobile phone they just need your details fast forward a few months you have an outdated phone then you could of bought prepaid for $150 instead you are stuck with a 24month contract costing you at the very least $20 a month sure you may get an offer of a hundred bucks worth of calls a month the only reason for this is so you use you phone more frequently and once you have ran out of your free $100 monthly limit then your paying over the call rate you would of paid if using a prepaid mobile phone so at the end of the day your left with an outdated phone usually resulting in an unpaid bill and a bad mark on your credit rating because unlike prepaid mobiles you have no credit limit.

Prepaid mobile phones are much better in my opinion as they are a one off costs and you can only use the amount of credit you have purchased not only this but you will find most of the new flash phones offered on contracts become prepaid mobile phones in a few months anyway so at the end of the day you get to keep up with technology and save your credit rating and don’t have an unpaid phone bill hanging over your head.

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