Are Contracts better than Pay as you Go

If you are in the market for a new mobile phone or mobile phone plan, you have to make a decision between purchasing a mobile phone contract or purchasing a mobile phone and paying for minutes, text messaging and data as you use it. There are many benefits to purchasing a phone contract over a pay as you go option. First, many contracts are cheaper per month than paying as you go. Committing to a 1 or 2 year contract can save you money over time.

Furthermore some contracts offer unlimited minutes or unlimited text messages, so you never have to worry about running out of minutes or texts or spending more money than you can afford to. Family plans can also help you save money. Contracts also allow you upgrades, so that you can buy new phones while under the contract at a more affordable price than if you bought the phone without a contract. As your needs and desires change, you can buy a phone that reflects that. Finally, having a mobile phone contract can help you improve your credit rating. So if you have a low credit score and you want to buy a car or a house, getting a phone contract can help you increase your score so that you can make the purchases you want.

If you commit to the contract and make the payments on time, your credit score will improve. Therefore, there are many benefits to purchasing a mobile phone contract rather than choosing a pay as you go option. Having a phone contract saves you money, offers you more options with minutes, messages and data, offers you cheaper upgrades to new phones and can help you improve your credit rating if you make your payment every month on time..