NPR visited six MetroPCS locations that offer SmartPay and called a dozen more, and their representatives made the same 90-day pitch — even though many customers don’t qualify for it.
What is SmartPay Metro PCS?
Leasing With SmartPay
Make your first payment with a valid credit or debit card and start using your new phone. Own It* Once you complete all of your scheduled payments, you own your items!
What cell phone companies take SmartPay?
Popular phone carriers that use SmartPay leasing include:
Net10.Total Wireless.Boost Mobile.Simple Mobile.Straight Talk.Page Plus.
How do you qualify for SmartPay?
To apply for SmartPay, you must:
Be at least 18 years old.Have a monthly income of $1000 (before taxes and deductions)Have a Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN)Have a credit card or debit card associated with a standard US checking account.
Does MetroPCS offer payment plans?
MetroPCS’ financing is only available for 4G handsets. The program gives you an additional 60 days to pay off a smartphone purchase at an APR of up to 36 percent. Billfloat also assesses a service fee ranging from $8.95 to $17.95 based on a customer’s bill amount.
Can you make monthly payments on phones at MetroPCS?
MetroPCS has a financing program for only 4G phones. The program offers additional 2 months to pay off any selected smartphone. Billfloat which is their partner on this charges a service fee ranging from $8.95 to $17.95 depending on the billing amount of the subscriber.
What credit score do you need for SmartPay?
SmartPay is a no-credit-required lease-to-own product. “No credit required” means that, although no minimum FICO score or established credit history is necessary to apply, SmartPay may check past payment history based on the information you provide in the application.
How does Smart Pay Work?
SmartPay () is a lease-to-own payment plan that lets customers shop for devices, accessories and more. After beginning a lease, customers make fixed, scheduled payments over a 15 or 24 month term to make it more affordable than paying full price upfront.
Is Smart Pay Legit?
This company is fraudulent.
Does Straight Talk still use SmartPay?
Customer will not own the device until all payments are made. Wireless service with Straight Talk is required and is additional. SmartPay is an independent company that is leasing you the phone. Straight Talk is not a party to any transaction you make with SmartPay.
Does simple mobile use SmartPay?
Simple Mobile offers monthly payment plans for their devices through SmartPay and Affirm, third-party financing companies that charge interest.
How can I finance a phone with no credit?
So, in a nutshell, your options for getting a cell phone with bad credit are to:
Get a co-signer.Become an authorized user of someone else’s plan.Opt for pay as you go or prepaid.Dish out the security deposit for a plan.Join a family plan.Work on your credit.
What happens if you don’t pay SmartPay?
When a scheduled payment fails, our system will make further attempts to collect the payment, either in full or partial amounts until your lease payments Can I use a credit card to make my monthly payments for SmartPay? Yes, you can use a credit card to make your payments.
Does MetroPCS run a credit check?
*No credit check from TransUnion, Equifax, or Experian. We may use ChexSystems’ consumer reporting software.
Can you pay half of your MetroPCS phone bill?
Metro PCS does not set a required minimum amount, so you can always pay what you can afford at the moment. You can pay off your Metro PCS bill in installments. For instance, some people split the bill and pay one half of the total amount at the beginning of the billing cycle and the other half closer to the due date.
Is T-Mobile getting rid of MetroPCS?
T-Mobile US (NYSE:TMUS) plans to shut off the legacy CDMA network of its MetroPCS prepaid brand on June 21, earlier than expected. The carrier still needs to shut down the CDMA network in three major markets.
