Prepaid cell phone plans: Great option or Last Resort?

What is prepaid?

Prepaid usually involves buying a block of minutes via online systems or replaceable cards, and you can use these minutes until they run out. Once you are out of minutes, you make another deposit or get a new card and you can continue using your phone.

No credit or poor credit

Prepaid Plans are the cell phone industryÂ's equivalent of secured credit cards. You can still get a cell phone if you have no credit history or poor credit. Plans purchased through one of the major cell phone carriers might include free or low cost cell phones, and you can also get discounts on the standard accessories such as earpieces, headsets and faceplates.

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