this post was submitted on 23 Oct 2023
376 points (96.8% liked)

> Greentext

7550 readers
1 users here now

founded 2 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 7 points 1 year ago (8 children)

arbitrarily take on debt

If you count paying off a credit card, or paying a phone bill every month "arbitrarily debt" then you're pretty stupid.

[–] [email protected] 16 points 1 year ago (1 children)

Credit cards are by definition debt and I've never had any phone company report on my credit.

[–] [email protected] 8 points 1 year ago

It depends on whether the plan is prepaid or postpaid. Postpaid plans are the ones which establish a line of credit since the phone company is tracking your tab and asking you to pay it down at the end of each month.

With that being said, phone companies want as many people as possible on prepaid plans because why wouldn't they want to borrow your money every month? If you want postpaid you need to specifically ask for it and also pass a credit check.

load more comments (6 replies)