Since we live in the technological era, it is difficult to stay without a cell phone. This is because these devices serve a plethora of purposes. From allowing you to communicate with those whom you love to allowing you to play games, there are many activities that you can undertake with your mobile phone. The good news is that these devices come as a full package. Once you purchase a cell phone, you will be able to enjoy all those benefits in one device. However, these devices come at different costs, and sometimes, you may be operating on a tight budget. As a result, you may either have to strain your budget in order to afford one. Since most people find themselves in this situation at one time or another, most manufacturers and network providers have now come up with cell phone no credit check no deposit financing plans. With these plans in place, you will be able to purchase your desired device and pay it later in installments. In this article, we shall take a closer look at how you can get a buy now pay later cell phones without credit check and opening deposit.
What Is Buy Now Pay Later Cell Phones No Credit Check No Deposit Financing?
Like we have mentioned above, this is the financing that most people get whenever they want to purchase a mobile phone but cannot be able to pay for their preferred devices upfront. As a result, they have to apply for this financing so that they can be able to purchase their devices and pay them later in flexible monthly installments. Unlike other financing methods, your credit score will not be checked before you are awarded a cell phone loan.
Therefore, individuals with a low credit score can go ahead and apply for this financing, and they will be able to get an approval decision on the same day. With this in place, they will be able to take home their preferred device on the same day and start paying it in monthly installments as agreed.
Apart from this, you will not be required to pay any deposit in order to carry your preferred mobile phone home. Such arrangements have made it convenient to own some of the high-end models at an affordable rate.
How Does Buy Now Pay Later Cell Phones Without Credit Check and No Opening Deposit Work?
The process of getting a cell phone through the above-mentioned financing option is generally simple and straightforward. First, you have to choose a service provider that allows its customers to purchase their preferred mobile devices through this arrangement. This is because different service providers usually have different policies and can be hesitant to allow you to purchase a device and pay it later in installments.
Others, on the other hand, have to check your credit score first before they can give you the much-needed financing. If you have a bad credit, you may not qualify to get this financing. Therefore, once you choose a mobile service provider, shopping store, or company that allows you to purchase a mobile device and pay it later, you can now go ahead and then go to the next step.
The next step will be to choose a mobile phone that suits your needs. Some of these smartphones will cost as high as $100.Others can go as high as $200 or even more. It all depends on the phone you please. Once you have chosen the device you want, you can now choose the financing you want.
After choosing your financing or payment method, an assessment will be done in order to determine whether you are eligible for financing. Since no credit or deposit is needed, you can expect that chances of qualifying for the financing will be high. However, there are some documents that you should submit for your application to be approved. These include:
- Your official name
- Your resident ID
- Your checking bank account number
- Your tax information.
Besides this, you have to ensure that you are 18 years and above. With these details in place, you can go ahead and make your application and wait for the approval decision. Depending on the company or store you choose to apply with, the approval period can take a few minutes, and you will have known your fate.
If you qualify for the financing, you will be given the plans in terms of the length of payments to choose from. This can be 3,6,12, or even 24 months. It is imperative to note that this duration varies from one retail company to another. If you are satisfied with the arrangement, you will be given a contract where you need to sign that you have accepted the arrangement. Remember that this document is both binding and legal. Once you are done, the phone will be shipped to you within a few days. After that, you can start paying for the device in flexible monthly installments as agreed.
Benefits Of Buy Now Pay Later Cell Phones No Credit Check No Deposit?
There are a number of benefits one is likely to enjoy after considering this financing option. Some of these benefits include:
- 1. No credit check is done for you to get a cell phone: Unlike other financing methods, your credit score will not be checked for you to get the much-needed cell phone financing. As a result, individuals with a poor or bad credit score can now apply for this financing and be able to purchase the phones of their dreams. This has become a lifesaver for people who are having a hard time acquiring loans from other financial institutions, as most of them have to check your credit score before they can award you a loan.
- 2. Flexible monthly installments: By considering this financing option, your budget will not be hurt as you will be paying for the loan in flexible monthly installments. Since the payment duration is evenly spread, you just need to set a small amount of money aside and use it to repay the loan. Within a few months, you will have cleared the loan and be able to fully own the device.
- 3. No deposit is needed: You do not need to pay any deposit in order to purchase a mobile phone. As a result, you do not have to incur debts in a bid to secure your desired cell phone. All that you need to do is to fill a form, and if it is approved, you will be able to get your desired device within a few days. After that, you can start paying for the device in flexible monthly installments.
- 4. Allows you to get your dream phone with ease: Most of the high-end mobile phones can cost an arm and a leg. Although some people can afford to pay for them upfront, there are others that have to apply for a loan in order to get the much-needed financing. If you have a bad credit score, your bank may be hesitant to award you a loan. The good news is that this financing method allows you to get your dream phone in a hassle-free manner. All you need to do is to choose your preferred model, make your application, wait for the approval and then wait for the device to be shipped to you.
Places That Allow Buy Now Pay Later Cell Phones No Credit Check No Deposit
As we speak, there are a number of stores that allow customers to get cell phone financing without necessarily checking their credit score. Also, no deposit is needed in order to buy your preferred cell phone. Some of these places include:
1. Kmart
At Kmart, be sure that you will get a myriad of models that will please you. Some of the common brands that you can find here include LG, Alcatel, Samsung, ZTE, and so forth. Unlike other places, you will not be needed to have enough credit in order to purchase any of these devices.
Also, your credit score will not be checked for you to get the cell phone you desire. However, you need to have an active payment source which can either be a debit card, credit card, or a checking account. Also, you must have a proof of income and a valid photo ID.
2. Cricket Wireless
Besides Kmart, you can also get your desired phone at Cricket Wireless. Here, you will be able to get the much-needed cell phone financing and then repay the loan in installments. However, there are some conditions that you ought to fulfill in order to get this financing.
For instance, you should ensure that you have an active checking account and a debit or credit card. Apart from this, you should ensure that you have a valid ITIN or Social Security Number. This store is different from other stores as it allows you to lease more than one device. In fact, you can lease about 5 devices and be good to go. However, this is dependent on the kind of financing you will get.
The first device has to cost at least $149.99. Thereafter, you will be able to pay for the device in flexible weekly or bi-weekly periods. If you please, you can choose the monthly payment option and be good to go. Some of the devices you can get here include; Alcatel, Samsung, HTC, LG, iPhone, and ZTE.
3. Luther sales
Luther sales is another online store that allows different customers to buy a phones and pay them later. For convenient purposes, customers are able to get the financing they need in order to purchase the phone of their dreams.
When it comes to the installment payment, be sure that your budget will not be hurt as they are all pocket-friendly. Apart from this, you will have an opportunity to purchase the latest or the most modern device you ever wanted. Whether it is an iPhone or Samsung, be sure that you will get a model that will suit your needs.
4. SmartPay
SmartPay also allows customers who do not have enough credit to purchase mobile phones upfront to get the much-needed cell phone financing so that they can buy the devices they want. For you to get this financing, you need to submit your valid Social Security Number, proof of income, and have an active debit or debit card.
The good news is that you can now make your application online and then wait for the approval process. Since it will be processed within a short time, be sure that you will be able to purchase your device on the same day. The store boasts of having some of the best models from brands such as iPhone, Samsung, LG, Blackberry, Alcatel, HTC, Huawei, ZTE, and so forth.
5. Flexshopper
Whether you have a poor or fair credit score, be sure that you will get the financing you need in order to purchase the mobile device you please. However, you should ensure that you have a checking account that has been in use for the last 90 days and be earning an income of at least $1000 per month.
When it comes to the application process, you just need to visit Flexshopper.com and then make your application. If your application has been approved, you can now shop online for the device you please. It is important to note that lease-to-own payments are always paid weekly and are usually deducted from the payment source. Some of the brands you can find at this store include Motorola, iPhone, and Samsung.
6. RentDelite
If the above-mentioned stores do not please you, RentDelite is another store that allows you to get the cell phone financing you need. At RentDelite, there are a number of brands to choose from. Here, you will get iPhone, Samsung, Blackberry, Huawei, Motorola, ZTE, LG, and so forth.
If you want to qualify for this financing, you should ensure that you have a valid bank account that is at least 3 months old. Also, you should ensure that you make $1500 per month. When buying a phone from RentDelite, you can choose to either purchase it from the in-store or online.
Other Ways Of How To Get Cell Phones With Bad Credit No Credit And No Deposit
Apart from considering stores that allow you to buy a phone and pay later, there are other options that you can consider and still get a phone that you want. Some of the lucrative options include:
1. Look for a cosigner
If you do not have enough credit to purchase a mobile phone, you can consider looking for a cosigner so that you can get the much-needed financing from your preferred service provider. Although your credit score will not be checked, that of your cosigner will be checked.
If he or she has a good credit rating, be sure that you will get the financing you need. Since you are putting your cosigner’s credit score at risk, it is important that you pay the installments on time as agreed. Also, you should choose someone who trusts you and understands your financial situation at the moment.
2. Consider a family plan
As we speak, there are some carriers that allow you to sign up for a family plan instead of an individual plan. Here, you can have as many as 10 lines on a single plan where the primary account owner will be the one who will be subjected to a credit check.
The rest will be exempted from this undertaking. These plans normally range from $25 to $50 per month. In case you stop paying, the primary account owner will be liable and has to pay on your behalf. This plan is ideal for those with bad credit and would like to save more bucks.
3. Become an authorized user
Apart from the above-mentioned methods, you can choose to become an authorized user on someone’s account. This option works optimally if you have a relative or friend who trusts you enough. Some companies allow this by allowing you to register your account under someone else’s name.
By registering your account under their name, you will be able to use the other person’s credit score so that you can get a contract. Your friend or relative will then give you the green light to make changes to the account the way you want. Since you will have a contract under your friend’s or relative’s name, ensure that you make timely monthly or weekly payments so that your friend’s or relative’s credit score is not hurt.
4. Go for a Prepaid Plan
By choosing this option, you will be paying for text, data, and voice packages in advance. As a result, the service provider will not be worried about your ability to pay. In addition, the service provider will not have to check your credit score before you get the much-needed financing. This makes it easy for you to get a mobile phone even when you have a bad credit and no deposit. Some of the carriers that offer great prepaid plans include Sprint, T-Mobile, AT&T, Verizon, and so forth.
Final Words
Buy now Pay later cell phones no credit check no deposit has proved to be effective for those people with bad credit and would like to own a mobile phone. You can consider the above—mentioned stores and you will be good to go. Better still, consider the alternative options we have discussed above, and you will get a mobile phone that suits your needs. Consider the ideas we have mentioned above, and you will not have to strain your budget in order to afford your dream phone.