AT&T introduced a brand new plan this week that’s particularly geared in the direction of those that might need credit score points, but nonetheless need the prospect to personal the very best gadgets by means of financing, on non-prepaid plans. It’s actually an fascinating thought, so right here’s what that you must learn about AT&T Limitless Stage Up.
This new plan, which actually is named AT&T Limitless Stage Up, is basically a brand new pay as you go plan that prices $50.99 per 30 days (with autopay), consists of 30GB of high-speed information, limitless speak and textual content, speak/textual content/information in and between US/Mexico/Canada, and texting to over 230 different nations. It’s a principally customary limitless pay as you go plan that also has limits, as a result of the phrase “limitless” means nothing anymore.
Pay as you go plans like this one can often be accessed by these with poor credit score scores as a result of they don’t require credit score checks, don’t have any contracts tied to them, and will be cancelled from one month to the subsequent. They’re usually occasions your solely possibility when you’ve got had earlier monetary points.
However right here’s the deal – pay as you go plans are nearly at all times a BYOD (convey your personal machine) sort of plan, so that you want your personal machine as a way to sign-up. In case you attempt to purchase your machine by means of your service as a pay as you go buyer, you nearly by no means get good financing choices or offers and sometimes pay full value for telephones. That’s not an possibility for everybody, as the highest telephones at the moment are simply hitting that $1,000 mark. Nonetheless, when you’ve got monetary points or a low credit score rating, it’s possible you’ll not be capable of get financing on a typical postpaid plan out of your service. What do you do then?
That’s the place this AT&T Limitless Stage Up is available in. With this pay as you go plan, AT&T is asking you to pay on-time for six months in a row after which they’ll allow you to transfer to one among their postpaid plans. With that transfer, they’ll allow you to get right into a cellphone with $0 down and interest-free financing, however they are saying that no credit score is required since you proved to them with that 6-month cost streak you could deal with a cost plan. Not less than, that’s the concept.
When you’ve handed your 6-month check, that you must head into an AT&T retailer or name their customer support to take the subsequent steps of transitioning over to a postpaid plan. At the moment, you’ll get to get into a brand new cellphone on financing with $0 down and all that enjoyable.
Is this can be a good thought? I’m no monetary skilled and am not about to offer you recommendation within the space. I’m simply sharing the information of this plan that might be an possibility for these with low credit score scores who need higher telephones on cost plans.
You may learn extra at AT&T’s website, which has a full FAQ and every little thing on how this plan works.