How is it that i can get financing for a car w/ 750 down, but for a cell phone i cant get approved?
Answer:
Because its really easy to repo a car. Cell phones are pretty easy too though, just ask around. I'm sure somebody will be happy to sell you a cell phone.
Its easier to repo a car than a cell phone..
They don't care about the payment ..they want to sue you for everything you own because you defualted on the loan.
Who cares about your cell phone it wont hold its value after 6 months like a car will.
have you messed up before with a cell phone carrier. did u ask them.. they may have the answer
If you happen to default on the car payments, it wouldn't be too hard for the man to track you down (through registration and the like). If you default on the cell phone, it would be pretty easy for you to disappear with it.
Because a car is it's own collateral. where a cell phone they have nothing to collect if the bill is ran up a couple hundred dollars.
On the surface you may ask yourself.. WHY?
Actually it's not that hard to get a car loan or a home mortgage because those are SECURED loans. Meaning.. if you don't pay .. they take the house or car back.
I'd just buy a cheap phone and go with a prepaid plan. I think cell phones are highly overrated and OVERUSED and abused these days. Some of us grew up in an era without them
I have a cell phone with a $19.95 plan from T-Mobile and I love it.
My cell phone is only used for 'emergencies' not for chatting on. That's the way it should be.
It floors me to see normal every day people paying out $100 a month on a cell phone plan. Jiminy Christmas! that's $1200 a year .. couldn't that be spent on something more substantial?
Think about it. Then try one of those Prepaid plans. You shouldn't have to qualify for those, but you'll have to buy the phone.
You don't need a cell phone.
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