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- A Glossary of Terms
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Prepaid mobile phone. A prepaid mobile device, also known as a pay-as-you-go (PAYG), pay-as-you-talk, pay and go, go-phone, prepay, or burner phone, is a mobile device such as a phone for which credit is purchased in advance of service use. The purchased credit is used to pay for telecommunications services at the point the service is accessed ...
The history of the prepaid mobile phones began in the 1990s when mobile phone operators sought to expand their market reach. Up until this point, mobile phone services were exclusively offered on a postpaid basis (contract-based), which excluded individuals with poor credit ratings and minors under the age of 18 (the typical age of contractual.)
Electronic reloading. With prepaid mobile phone service, topping-up or reloading is needed to continue using the services of the operator. There are several ways to reload a prepaid mobile phone. The most common approach involves purchasing a prepaid card. However, due to security concerns and for added convenience, electronic reloading has ...
5. Always pay on time. As the most significant credit-scoring factor, payment history makes up 35 percent of your FICO score. That’s why it’s crucial to always make your credit card payments ...
There's a big change on college campuses this year. In the past, you would have seen tables outside the student union, featuring logos of banks and credit card companies, luring gullible freshmen ...
Buying a new cell phone or upgrading your existing one usually binds you to an expensive two-year contract. At this point, you may be considering a prepaid cell phone to help save money. Here are ...
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