Before Getting a Bad Credit Cell Phone

Everything today is almost always connected with credit ratings and reports. Applications for cellular phone plans are not exempt from that. Every day, thousands upon thousands of applications get instantly rejected for one reason – bad credit. However, it is still possible for someone with an unsatisfactory credit score to get a “Bad Credit Cell Phone.” It is to be noted, however, that the quality of the plans are identical to the conventional phone plans, and the only reason for this kind of terminology is to describe how it is obtained.

Unlike regular postpaid plans, some of these “special” packages include heftier fees for various features, along with more severe penalties for financially erring subscribers. Hence, there are two major factors to consider before applying for a bad credit cell phone, and these will be discussed in detail throughout this article.

First, is it possible to obtain a “regular” plan even with bad credit? Yes it is. Several mobile phone service providers can offer such plans. However, a security deposit is often required to offset the comparatively high risk of the subscriber not taking care of his or her bills. Security deposits range from a few hundred dollars and can go over a thousand dollars. These deposits will be withheld by the phone company as long as the account is still active. Hence, unless a prospective subscriber is amenable to such a deal, it is wise to slightly hold back.

The next issue is the fine print. Some mobile phone companies have the tendency to play with legalese, or legal talk. With this fact, a lot of unsuspecting subscribers get caught up in something that they did not know they had. One good example is when a person gets a phone, decides to send it back after a couple of months, only to realize that he has a commitment period of at least 1 year. This is devastating for a lot of people because it will force them to pay for a service that they do not wish to use, simply because they did not know beforehand what they went into.

To sum it up, before one applies for such a mobile phone plan, he/she must check first if there still are other feasible alternatives, and just in case there aren’t any, be certain than he/she knows how deep the pool is, before diving in.