Prepaid cell phones are your best
option when you have bad credit.
It doesn't matter if you have a poor
credit score when you purchase a
prepaid cell phone.
Cell phones are so common these
days it is really difficult to find
someone who does not have one.
They are a nuisance also, but if you
have kids or elderly parents they
are a nice way to keep in touch
without long distance charges.
Also if your business takes you out
of your local area they can be a
money (and business) saver.
So why don't credit checks happen
with prepaid phones?
With prepaid service you simply
buy a cell phone, phone number and
blocks of minutes to spend
talking. Prepaid service
providers just do not care about
your credit rating because you have
to pay in advance for the service.
If you are trying to keep a budget,
prepaid minutes can really keep the
brakes on going over your allotment.
Prepaid cell phones can be useful
for people who don't use cell phones
a lot and it eliminates the monthly
bills.
Now when you go apply for a
standard, non-prepaid service your
credit will be reviewed. Also,
this will appear on your credit
report as a hard inquiry.
The cell phone company will also
report your payment history, so be
prepared to pay your bills on time.
You don't want an unpaid cell phone
bill to turn into a collection and
tank your credit score.
