T-Mobile to Eliminate FlexPay Plans
In an effort to provide pre-paid customers with an experience more similar to that of a postpaid contract customer, T-Mobile is doing away with their FlexPay plans and instituting a deposit system. The aim is to provide customers with poor or little credit to their names with an option that is more straightforward than FlexPay, a system that never really seemed to take off for the magenta carrier.
Depending on the result of a mandatory credit screen, customers will need to plop down a deposit ranging from $50 to $400 dollars. After this, the customer will receive many of the same perks as a postpaid customer, including handset subsidies. After 12 months of good standing, the customer can get their deposit back. Understanding that many customers may not want to run a credit check, T-Mobile will still provide pre-paid options as well.
[via TMoNews]