T-Mobile to offer new phone deals to people with bad credit

January 22, 2015

T-Mobile says it will offer deals on new smartphones to customers with bad or no credit, regardless of how they pay, and charge no interest.

The nation's No. 4 wireless carrier said Thursday that such deals were previously only available to people with good credit. Customers with no or poor credit could only use prepaid accounts, which generally require buying a phone up-front—but now they can purchase new smartphones through installments the same as people with good credit. To qualify for the program, customers must pay for wireless service on time for 12 straight months.

The move follows T-Mobile's announcement last month that it will allow customers to carry over unused cellular-data allotments. Under that plan, customers can stash away unused data allotments for up to a year.

It's all part of a program T-Mobile calls "Un-carrier," meant to describe offerings that go against the grain of longstanding industry practices.

In a blog post, CEO John Legere said 63 percent of Americans have "less than the perfect credit score," which means they are denied the best deals such as "'free' iPhones, zero down or some other screaming deal. So 1 out of every 2 people walks into a store only to find they don't qualify, because they're not 'well qualified.' How insulting is that?"

Explore further: T-Mobile to let customers carry over unused data

Related Stories

T-Mobile to sell phones that call, text on Wi-Fi (Update)

September 10, 2014

T-Mobile will sell more than 100 smartphone models with a built-in feature that taps into Wi-Fi networks to make phone calls and send texts when customers can't connect to the wireless carrier's cellular network.

Verizon to sell smart phones for prepaid service

September 2, 2010

(AP) -- Verizon Wireless on Thursday announced it's opening up access to smart phones for customers who prepay for service, such as people with poor credit and those who don't want to be tied down by long-term contracts.

Recommended for you

Coffee-based colloids for direct solar absorption

March 22, 2019

Solar energy is one of the most promising resources to help reduce fossil fuel consumption and mitigate greenhouse gas emissions to power a sustainable future. Devices presently in use to convert solar energy into thermal ...

NASA instruments image fireball over Bering Sea

March 22, 2019

On Dec. 18, 2018, a large "fireball—the term used for exceptionally bright meteors that are visible over a wide area—exploded about 16 miles (26 kilometers) above the Bering Sea. The explosion unleashed an estimated 173 ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.