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Postpaid or Prepaid Cell Phones

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Today, practically everyone is mobile. In fact, a lot of people have gone completely mobile by disconnecting their landline altogether and just using their mobile phone. The cost for mobile phone service can get expensive though if you do not have it fully optimized for your needs and the best way to optimize your phone bill is to start by determining whether you need a postpaid cell phone plan or a prepaid cell phone plan.

The postpaid plans and prepaid plans are just as the name implies. With a postpaid plan, the user pays the bill at the end of every billing cycle. With a prepaid plan, the user pays for their usage beforehand. There are advantages and disadvantages to both.

Postpaid Plans

The advantage of a postpaid plan is the lower cost per minute or per kilobyte of data. The disadvantage is that you have to pay the minimum amount regardless of whether or not you use all of the minutes or kilobytes of data. For a prepaid plan, the opposite is true. You prepay for a certain number of minutes and kilobytes of data. It does not matter when you use the minutes and data whether it is in one month or over the course of several months.

Prepaid Plans

If you are on a limited budget and just need a cell phone for occasional communication, then you might want to consider the prepaid option. The prepaid plans start as low as $10 per card and can be reloaded in any amount. This cost is significantly less than that of a postpaid plan and allows you more control over your expenses. If you have a budget of $20 per month, for example, then you can just purchase a $20 prepaid card each month and manage your usage for the month.

You will not have to worry about any overages either. This is one part of a cell phone bill that can get really expensive if you are not careful. With a prepaid plan, your service just cuts off once you reach the maximum allotted minutes or data usage. You will not have to pay a penny more than what you already preplanned.

The bottom line with cell phone plans is to take the time to completely analyze your average monthly usage. Do not just stick with your current plan and continue making the payments each month. You might be surprised at how easily you could save money on your cell phone bill.



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Embassy Loans uses “Title Loans” for advertisement purposes only and provides auto equity loans. Embassy Loans Inc. is licensed under the “Florida Consumer Finance Act” under Florida Statute 516 and as such Embassy Loans is exempt from any licensing requirements under the “Florida Title Loan Act” to the extent that any of Embassy Loans’ activities involve the making of a loan of money to a consumer secured by bailment of a certificate of title to a motor vehicle.

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Frequently Asked Questions

What is an Auto Equity Loan?

An auto equity loan, sometimes known as a car title loan or a car equity loan, is a type of loan that allows you to borrow money by using your vehicle as collateral. The loan is secured by your vehicle, meaning you agree to use the equity in your car to back the loan. 

What is an Unsecured Personal Loan

An unsecured personal loan is a loan that does not require collateral. Funds are provided based on your credit worthiness and your ability to repay. 

What Is the Credit Builder Program

The credit builder program is designed to help individuals establish or improve their credit score with the primary purpose of building a positive credit history through regular payments.

Can i have more than one Loan at a time?

Embassy Loans can only extend one loan at a time and it’s advisable to start with one and focus on making payments in a timely manner to prevent default.

What happens if I miss a payment?

Missing a payment can have negative consequences, including late fees, a drop in your credit score, and potential default on the loan. Consistent, on-time payments are crucial to benefit from the program.