Pay On The Go Vs Plans

Dec 15
09:29

2010

John Klein

John Klein

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When buying a cell phone for the first time a person is faced with quite a few decisions including whether to get a pay as you go or a subscription plan. Both options offer benefits, but one plan might be better than the other depending on the person, his or her lifestyle, and how much he or she is willing to pay each month. In the two subsequent paragraphs the two will be compared and will tell the benefits and drawbacks of the two plans.

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Pay as you go can be a great option for people who do not want to be tied down to a contract. It allows a person to put money on his or her cell phone whenever he or she desires. One benefit of this plan is that there is no credit check,Pay On The Go Vs Plans Articles so anyone can obtain one. Another benefit is that the phones can even be brought in stores like Walmart or Kmart. One drawback is that the phones are usually not as nice as those that come with a subscription plan.


Subscription plan is the other option. This plan should only be used by those who are financially stable because it requires a monthly payment. Most cell phone carriers require a credit check. One benefit of this plan is that the phones are usually very nice and person has a wide selection to choose from. Another benefit is that it can establish credit. A drawback is that the contracts usually last two years, and if a person wants to terminate early there is a termination fee.

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