Why did cell phone companies switch to paying for phones rather than giving phones at sign up or a low cost phone?

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Why did cell phone companies switch to paying for phones rather than giving phones at sign up or a low cost phone?

In: Technology

2 Answers

Anonymous 0 Comments

Due to the rising cost of hardware, companies would give the phones out as part of the plan, charge you a little more since its hard to justify a 1500 ollar phone.

Then people started ticking up phones and not paying their bills.

At least from what I’ve seen, so many credit scores got ruined by those deals. They would get a super nice phone they didn’t need, or they would tick up a couple and sell them off, with no intention of paying.

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