Terrible Credit Score? Try T-Mobile

23 Jan 2015 | Author: | No comments yet »

T-Mobile Introduces Smartphone Equality.

Do you have poor credit? BELLEVUE, Wash., Jan 22, 2015 (BUSINESS WIRE) — T-Mobile (NYSE: TMUS) today took another bold stand for fairness with “Smartphone Equality™,” taking on the wireless industry practice of denying perfectly good customers the best deals.

The Un-carrier’s latest move gives absolutely everyone a way to get the very best deals and offers – deals previously available only to those with great credit. In the end, Smartphone Equality means that more Americans will be able to get their hands on a smartphone regardless of their credit score or how they choose to pay. Starting on Sunday, every T-Mobile customer who has paid their wireless bill on time for a year—pre- or post-paid—will qualify for the lowest pricing on smartphones and tablets. “Ultimately, this initiative will lower the barrier for millions more Americans to get a smartphone—the most transformational technology in our lifetime,” Legere wrote, calling a mobile device “a lifeline.” “Last year, the carriers spent billions advertising deals and plans that half of Americans can’t get when signing up for wireless service. It’s the smart thing to do, too,” chief executive John Legere said. “Fact is, your past payment history is the best way to tell if you’ll make future payments on time.

That’s complete BS,” he added. “Beginning now, your relationship with us counts more than your credit score—which means absolutely everyone can get the hottest smartphones at the best prices,” the CEO added. So this is good for customers and good for business.” T-Mobile, the nation’s No. 4 wireless carrier, in December announced it would let customers carry over their unused cellular-data allotments for up to a year. But don’t expect Verizon, the nation’s largest wireless carrier, to follow suit. “We’re a leader, not a follower,” Verizon chief financial officer Fran Shammo said in an interview with CNET. Because most of us can’t imagine life without our smartphones these days, we make sure that wireless bill is paid on time so we always stay connected.

It’s a critical issue when a handful of companies in a single industry can play gatekeeper to the Mobile Age—and shut out millions and millions of Americans.” T-Mobile’s move comes a week after the company unveiled new Simply Prepaid plans, which offer “unlimited” 4G LTE data, talk, and text, starting at $40 a month—available in stores and online on Sunday. The catch: 4G speeds will be restricted to 8Mbps (PCMag found that T-Mobile has an average download speed of 16.8Mbps) and when you use up your LTE data, you’ll be throttled to speeds of 128K. Simply Prepaid also can’t take advantage of the Un-carrier’s Data Stash, Simple Global, or Music Freedom, among other services available to Simple Choice subscribers. And loyal customers get immediate credit for their relationship with T-Mobile — which means many existing customers will immediately be eligible when Smartphone Equality kicks off on January 25th.

The Company’s advanced nationwide 4G LTE network delivers outstanding wireless experiences to 55 million customers who are unwilling to compromise on quality and value.

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