For those with experience with these deals. this might be worth it for you guys. Walmart has several phones as low as $1 per month for 36 months. It doesn't look like bill credits either. Buy, activate, pay off, then cancel within 3 days. Phones should automatically unlock after 60 days. Some Iphone 12 plus, pros and max for $2.75 per month but out of stock. I have done this before so I will try it again.
Just wanted to verify my timeline for doing this is right.
- Buy Galaxy a14 on Monday.
- Two day shipping, arrives Wednesday. (Business Day #2)
- Pay off phone Wednesday and make a call/text. (Can I pay off phone earlier - before it arrives?)
- Cancel service Thursday (Business Day #3 - last day to avoid activation fee)
- Leave in drawer without service for 60 days, tweak apps, SD card, settings....
- Unlocked automatically
- Use on any USA network (probably US Mobile).
FYI, Moto Edge they are selling is the old 2021 version. Be aware.
Yes. So definitely not worth for these phones.
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deal_luvDid you pay off the phone and cancel the service within 3 days to avoid activation? If so, how did you pay it off? I'm assuming once the phone is unlocked it can be used on any cellular service? Thanks for your help.
โFor new accounts, yes. They do not for existing postpaid accounts as far as I know.
Any disadvantages of this? not familiar with the credit system
It'll take about 3 points off your score for 9-12 months which if you're applying for a mortgage / car payment / apartment / etc, could cost you more in the way of a higher interest rate.
I've done this a couple of times but I am no expert. IE $1 X 36 months plus tax on $36 (at least in Illinois) plus a few dollars for pro rated monthly. As long as I cancelled within 3 days of activation, activation fees were waived. So around $40. I did the IPhone 12 at $2.78 month for 36 months. I plane to pay it off for $100.08 plus a few dollars for pro rated monthly. I did all this on Walmart's website without any issues and my phones arrive next week.
How long do you wait once cancelled to be eligible for this promotion?
It'll take about 3 points off your score for 9-12 months which if you're applying for a mortgage / car payment / apartment / etc, could cost you more in the way of a higher interest rate.
Buying a house with a mortgage right now will cost you way more than just waiting a little bit. Rates are too high, and prices are also too high.
Buying a house with a mortgage right now will cost you way more than just waiting a little bit. Rates are too high, and prices are also too high.
Do not expect rates to come down (significantly) any time soon. Prices fluctuate depending on demand (which continues to go up)
Absolutely do not expect to see rates below 3% ever again
Do not expect rates to come down (significantly) any time soon. Prices fluctuate depending on demand (which continues to go up)
Absolutely do not expect to see rates below 3% ever again
You know rates have very little to do with supply and demand of houses right?
It'll take about 3 points off your score for 9-12 months which if you're applying for a mortgage / car payment / apartment / etc, could cost you more in the way of a higher interest rate.
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- Buy Galaxy a14 on Monday.
- Two day shipping, arrives Wednesday. (Business Day #2)
- Pay off phone Wednesday and make a call/text. (Can I pay off phone earlier - before it arrives?)
- Cancel service Thursday (Business Day #3 - last day to avoid activation fee)
- Leave in drawer without service for 60 days, tweak apps, SD card, settings....
- Unlocked automatically
- Use on any USA network (probably US Mobile).
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Yes. So definitely not worth for these phones.
I agree...I just ordered!
Activation fees. Mine was $30
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Absolutely do not expect to see rates below 3% ever again
Absolutely do not expect to see rates below 3% ever again
You know rates have very little to do with supply and demand of houses right?
Anyone chime in?
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