Bad Credit Mobile Phones
If you have had financial problems, bad credit mobile phones can seem out of reach. It can be an extremely frustrating and embarrassing experience to be rejected at store after store. If you are relying on a cell phone for all your communication needs, it is imperative that you, somehow, are able to get a cell phone despite your poor credit history.
Most of the major cell phone providers will allow you to have a “free” cell phone if you put down a security deposit on the phone. If you pay your cell phone bills on time, after about a year most companies will apply your deposit to your ongoing monthly bills. On the plus side, this means you will not have a bill until your deposit is used up and you are starting to build good credit again. However, if you do make a late payment, these providers will keep your deposit. You get the phone, but it will not help your credit problems. Remember, that’s why you are here in the first place.
Companies vary widely on what they ask for as a security deposit. Verizon will ask for a $400.00 deposit if you want to get a mobile phone for bad credit. Bad credit cell phones are not cheap and they try to cover their expenses any way they can. Sprint will also ask for a deposit, except at $125.00, they are considerably cheaper (And, Sprint will actually send you a check for your deposit after a year of consistent bill paying as opposed to applying it to your account.
Unfortunately, it is not just as simple as looking for the provider with the cheapest deposit plan. You also have to take into account the kind of phone you require. Most cell phone companies are not going to let you have the latest and greatest phone on the market. The phones for these types of programs tend to be the simple no-frills models. You just have to remember that this is the starting point. Once you have your credit back on track you will be able to get any phone you want.
You also need to look for the best coverage for the area in which you need the service. Reception will vary from place to place and you are going to have to look around, but with a little time, you may be able to have the phone and service you want at a price you can live with.
All in all, finding a bad credit cell phone isn’t as hard as you think it may be.
