Mobile Phone Finance Bad Credit: Coin In The Hand, Join In The Race


by Genica Amery - Date: 2010-06-01 - Word Count: 357 Share This!

Mobile phones are the most indispensible electronic gadget of the recent years. Electronic companies of different ranks have been manufacturing millions of mobile phones every year. Mobile phones are centers of wonder armed with provisions for taking photographs or for listening to MP3 music or even for getting access in the internet services.

The mobile services are offered in two plans: pre-paid one and post-paid one. Pre-paid ones are as good as the debit cards which help persons getting money from their own bank account when the money is required. Post-paid ones are similar to credit cards, credit cards provided by the mobile services providers. These mobile services providing companies are to take the risk of allowing the customers to use the mobile services for a month. They secure the payment afterwards.

These companies which provide services in post-paid plan are sure to check the credit position of the customers because they are taking greater risks. Hence it is important for them if the users have clean record of credit history or not. When the mobile companies find that history of credit of a person is all right they do not hesitate to provide post-paid mobile connection.

The mobile phone companies have different consideration for the people whose history of credit is not good or fair. It is obvious that they will check the credit history of the prospective users. Generally they want that the applicants will deposit good amount before the post-paid plan is approved. Actually they do not love take unnecessary risks. They also offer for part billing and expect the users to fix the credit limit.

It may happen that people tagged with history of bad credit have not been allowed to use the post-paid mobile services. In that case it is right to go for the pre-paid cell phone services. It should be noted that in case of pre-paid mobile services the companies do not bother for credit history as the payment is made earlier. The pre-paid cell phone services are better for more reasons. The customer will be with the knowledge well in advance that he/she has or does not have money to receive necessary services.

Related Tags: mobile phones, cell phones, no credit check phones, mobile phones contracts

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