Prepaid
payment structure comparisons

Both postpaid and prepaid payment structures have advantages and disadvantages. Postpaid plans involve signing a contract with a provider and paying a fixed bill each month. Postpaid plans usually have lower upfront costs, the ability to take advantage of additional service benefits, and the convenience of monthly payments. On the downside, postpaid contracts usually require a credit check, limit the ability to change providers, and may become more expensive if you exceed your data and text limits. Prepaid plans involve paying for service upfront in the form of a credit balance. With prepaid plans, there is often no credit check, no long-term commitment, and the ability to change providers whenever you want. In addition, prepaid plans are often cheaper than post-paid plans. However, prepaid plans may have limited data and text options, and may require frequent top-ups to keep service running.