Most providers of cell phone service offer two different types of plans. One runs like a credit card and the other is prepaid.
If you sign up for a plan that uses continuous billing, it will work more like a credit card account. The cell phone provider allows you to use the service each month and sends you a bill. As long as you pay your bill, you can keep using the service.
If your credit isn’t great, that means that bills haven’t been paid on time. This poses a risk to the provider, so they won’t be super willing to offer you an account without covering some of their bases.
Most cell phone providers will want to see a credit score of at least 630 and if you dont have a score that high, they will want a deposit. Usually providers want a deposit somewhere between $125 and $400.
After you give the cell phone company a deposit, they will allow you to get a regular credit-type plan. While this type of account will have some restrictions, you will be able to use your phone normally.
If you don’t have the money to put down a large deposit, you could opt for the prepaid option. Since you have to buy the handset up front it will still cost you some money, but it will be significantly less than a deposit.
With the prepaid option, the cell phone company doesn’t have to take any risk. For that reason, your credit history isn’t considered so you can get a phone even if you have bad credit.
If you want to use one of these options, you can visit your local retailer. You can also call the provider you want to go with to talk about the best fit.
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