Monthly Payment/Installment Billing Plans (carriers with postpaid plans):
When you decide to purchase a mobile phone tied to a postpaid mobile plan, you may have the opportunity to select a monthly payment plan for your phone instead of a contract with the carrier’s service. In lieu of a contract tying you to the carrier’s service plan for a specified term of use, you will sign a contract to pay for the phone over a specified period of time. The cost of the phone is divided up over this period of time, and added to your monthly bill for your service plan. Some carriers also offer a lease option in which, just like a vehicle, you pay a monthly fee for the phone and then return it to them after your lease is up. While this doesn’t initially sound like a great deal in comparison to signing a contract with the carrier’s service, many carriers offer certain service plans at a discount with this option to offset the cost of the monthly payment for the phone. Also when it comes time to upgrade or change carriers, rather than having predetermined fees as a penalty for withdrawing from your contract early, only the remaining amount due for the phone must be paid.
Pay as you go (no-contract carriers):
When you choose a phone associated with pay-as-you-go, also known as pre-paid, services you'll pay for the service in advance and don't have to sign any type of contract. Since you're prepaying for your minutes, texting and data, you'll be able to easily keep track of your phone budget. And because you aren't locked into a long-term contract, you have the freedom to switch phones and shop other no-contract carriers without penalty. Popular pay-as-you-go carriers include AT&T Prepaid, Cricket Wireless, Verizon Prepaid, Greatcall/Jitterbug, Total Wireless, Simple Mobile, T-Mobile, Mint Mobile, and Tracfone. To learn more about our prepaid phone options, please visit our website, here.
Which Type of Plan is Right For Me?
Mobile phone carriers differ in signal coverage, plan pricing and phone selection. Check out the links below to find the right carrier for your needs.