If you’re looking to snag the best mobile phone deal in the market, there are key considerations to take into account. Your credit score is one. Typically, if you have bad credit, you may want to limit your options within the bad credit mobile phones selection to increase your chances of approval. Even within these choices, however, there are three types of phone deals you should know about which include the following:
Pay monthly phone contracts
If you want a handset to go with your phone bundle, pay month phone contracts are the type you should be looking at. A traditional phone contract typically requires you to pay a fixed monthly for 12 or 24 months. The fee will cover the cost of the handset of your choice as well as the rate for your call, text and data services. This option is typically suitable for people who want a pricey handset but has no cash to pay for it upfront. Because you have bad credit, however, your handset choices may be limited to average phones available in the market today.
Pay as you go (PAYG)
Other than pay monthly contracts, one type of phone deal worth checking is the Pay As You Go option. As the name suggests, PAYG does not require you to pay a fixed monthly fee. In other words, there’s no need to worry about getting hooked to a lengthy contract you may have a hard time getting out of in the end.
With PAYG, instead of paying a fixed fee, you have to top up your mobile phone with credit in advance before you can use the services. Rates for call, text and data may be relatively higher than what pay monthly contract charges. On the bright side, you only spend money whenever you need to top up. That could be less than what you’ll pay for a pay monthly contract especially if you’re just a light user. For more info on PAYG, xxxxxxxxxxxxxx.
Sim only contracts
In addition to the other two phone deals, there’s the Sim only contract which will let you enjoy call, text and data services but with a lower monthly fee since the plan does not include any handset. Additionally, this option will not always hook you to a lengthy contract. Some providers, for instance, only tie you up for only 30 days.