Pre-Paid iPhone Available for Some? [Updated]
The most interesting portion of the report is an excerpt describing the credit-check process.
For customers that choose not to run the Pre-Approved credit check in the store, they will go through a credit check during the iTunes activation process. However, this is not the preferred method because customers that require a deposit and or require an analyst review will be presented with one of the following options:
- choose Pick Your Plan
- pay the deposit, requiring a return trip to the store
- return product, requiring a 10% re-stocking fee.
Later they specify that "customers will only be offered GoPhone Pick Your Plan [as an option] if the credit check results in a deposit requirement".
AT&T's GoPhone Pick Your Plan requires no annual contract.
With Pick Your Plan, you establish monthly automatic payments for service and use the balance on your account for voice minutes or other features. It's that easy.
Update: For those hoping to somehow take advantage of a "contract-less" iPhone plan, it appears the Pick Your Plan deals are significantly worse (more expensive for the minutes) than the existing plans.
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Check it out:
linky
Impressive. That's a good find for boygenius.
Do we know if the iPhone user manual has been spotted yet on the interweb?
This is available IF and ONLY IF you fail the credit check such that you will need to have a deposit in order to secure a 2 year contract. It is the cost of the pick your plan option (starts at $30 for 200 minutes, no nights and weekends) plus the $20 for the iPhone data plan. So minimum $50. Up to a maximum of $90 for the 650 min plan and iPhone data.
Where does it say that you need to pony up a deposit on that document? If you fail the credit check, you can pick a plan as you mentioned and use data/voice limited to what you paid for. I don't see any reason why they would ask you to pay a deposit since this essentially works as a PayG plan.
-Must go through a credit check
-If credit is in question, you will have to pony up a deposit ($250?)
-If credit is shot, you can pick a prepaid plan and no deposit?
Doesn't make sense. I'm stopping by my local store at lunch to sort this out.
Where does it say that you need to pony up a deposit on that document? If you fail the credit check, you can pick a plan as you mentioned and use data/voice limited to what you paid for. I don't see any reason why they would ask you to pay a deposit since this essentially works as a PayG plan.
I think you misunderstood. The PayG plan is an alternative to plunking down a $750 deposit to have the postpaid monthly 2-year contract.
I already have my ban number but I would love to do this no contract.
So Im getting penalized for having good credit?
Thanks,
Daniel
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