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Wednesday, June 15, 2016

Sprint Variable Payment Options

Sprint Variable DownPayment
Option Explanation

Ever gone to try and get phones from a carrier and not been able to due to high down payment or deposits? Well Sprint is trying to make it easier for people with lower credit scores to get a major nationwide carrier. With Variable Down Payments for leasing you get multiple options with different down payments. For example, if your required to put $50 down there may be an option to put $0 yet pay more per month. This will also work in the reverse, maybe instead of $50 you want to put $100 to lower your monthly charge of the lease. It is also possible to change the lease duration to a longer time period to lower the monthly payment, you can pick a 3 year lease instead of the standard 2 year for example which would reduce the monthly payment. I cannot say I would want to be stuck in a 3 year lease for a phone but I am sure some people out there may see this as the better option. You have to give them credit Sprint really seems to be trying to give as many options to get new people to join up, I hope it's panning out for them. 

This option is only available to lower credit class individuals and there are still some even lower credit classes which will not be offered a variable payment. You can still always bring your own phone to Sprint now and get a sim card for free. There is no charge for this except what the store charges you for the sim card (there isn't even an Activation fee!). You don't even have to pay your first months service. Your device must either be unlocked or a Sprint device, they do not activate Sprint prepaid devices on the regular Sprint network. Not sure why but they cannot. There is also no commitment to stay a Sprint customer when you sign up using equipment you already owned (no contract or lease) and you are eligible to upgrade right away. This is a great way to try out a company before making any commitment but you could end up losing out on some new activation promotions that may be going on. 

For more information on Variable Down Payments on leasing Sprint phones check out your local Sprint store.