Alternatives to Pay Monthly Contracts

Alternatives to Pay Monthly Contracts

When you apply for a phone contract and you have bad credit, chances are high that you’ll be turned down. This is because you are tagged as a high risk borrower because of your bad credit history. If you’ve been refused elsewhere, there are a few alternatives you may want to check out. While you’re still trying to boost you credit score, alternatives to phone contracts are your best bet. Here are alternatives you consider in the meantime: Pay As You Go (PAYG) Pay as you go or PAYG deals are the type of plan that lets you top up your phone with credit in advance. This means no fixed monthly fees to worry about. Instead you pay only for the phone services you intend to use at the moment. With PAYG, you’ll have more control of your phone bill since you can set the amount of top up you can afford. Once the credit is used up, however, you will be unable to make calls, send texts or browse the Internet on your mobile until you top up again. PAYG is recommended for light users who already owns a handset and who only need to use phone services occasionally. Sim Only Contracts Sim only contracts, on one hand, are plans that only offer customers a Sim card. It is a more affordable alternative for people with bad credit since there’s no handset included in the contract plan. This means the monthly fixed fee is significantly reduced compared to if you opt for a traditional phone contract deal. Most providers also offer Sim only contracts with shorter terms. Rather...
Guide to Phone Contract Basics

Guide to Phone Contract Basics

When it comes to mobile phone deals, pay monthly contracts come at the top as the best option for majority of mobile users in the UK. As opposed to other options like Sim only deals and pay as you go (PAYG), phone contracts offer a few advantages that make it more attractive for most users. If you’re thinking of getting a phone contract, below is a quick guide to ensure that you’re making the right decision: What is a phone contract? A traditional phone contract, as the name suggests, offers you a handset choice and a phone tariff. Phone contracts, in general, last for 24 months at a fixed monthly fee that will cover the cost of your phone and phone services. If you’re after the latest handset, for example, expect for your monthly fee to be higher than if you opt for a cheaper handset. The same is true if you opt for more generous allowances for your call, text and data services. What are advantages? Phone contracts are popular among subscribers for a number of advantages. At the top of the list is the free handset option. If you want to avail the latest handset, for instance, but don’t have the cash to buy the phone upfront, you can subsidize the cost with a phone contract. The phone contract lets you pay for it over a course of 24 months hence less xxxxxxxxx financially. Another advantage is the cheaper rates on call, text and data services. Granted that you chose the right phone tariff, you can expect to earn huge savings on your phone bill over time....