Flat rate or credit: Which is more advantageous for you?

 

What is better, flat rate or credit? We probably won’t please you – there is no universal answer to this question. Each of these options has its advantages and disadvantages. It is logical that a 10-year-old schoolboy will not use what an entrepreneur appreciates. And the opposite is also true. It is up to you and your needs to choose the most advantageous variant for you. What can we do? Tell you the advantages and disadvantages of a flat rate and a prepaid card. Let’s do this.

Credit benefits

Credit benefits

The most significant advantage of a credit or prepaid card is freedom. You don’t bind, you don’t sign contracts, you simply come to the operator’s branch, supermarket or newsstand and buy a SIM card with a prepaid credit and a new number. And when you stop liking the operator, you move on to the new one. There is another advantage associated with this – speed. You register your SIM card after the purchase – by phone or via the web form and you can make calls. In addition, you have a very good overview of consumption in dollars and you will not spend more than you have on the card. This will be appreciated especially by parents who want to cut their spending.

Disadvantages of credit

Disadvantages of credit

The first and significant disadvantage of credit is that you usually pay more for calls and SMS compared to flat rates. With credit, you do not have the favorite option to buy a subsidized phone (a phone for a better price). Nothing lasts forever, and this also applies to credit, which will be irretrievably forfeited after a certain period of inactivity. A similar disadvantage is that you may run out of credit at the most inopportune moment, such as during an important call. Take a look at the most advantageous offers of operators for prepaid cards here.

When buying a subsidized phone from a mobile operator, in most cases it is possible to reduce the price of the purchased phone into several monthly installments. You may not have such an option with credit, but it can be replaced, for example, by a non-purpose consumer loan, which you can use to finance the purchase of a new phone.

The credit will be appreciated especially by parents who want to have an overview of their children’s expenses.

Advantages of the flat rate

Advantages of the flat rate

The most common reason why people choose a flat rate is better prices. For example, currently at O2 for 15 dollars per month you get 100 minutes to all networks, an unlimited number of SMS and 500 MB. The virtual operator Tesco Mobile offers you SMS and calls on a credit card for 0.04 dollars and you pay 5 dollars for a 500 MB data package. For a flat rate, you get the opportunity to buy a subsidized phone, and thus save additional dollars. You don’t have to worry about whether you have recharged credit and you can see your consumption in a clear invoice every month. If you are a long-term customer with a flat rate, operators can present you with an even more advantageous offer than new or regular customers.

Disadvantages of the flat rate

Disadvantages of the flat rate

The main one is undoubtedly committed, with which you can have problems when going abroad or interest swap mobile operator. Then high contractual penalties are paid – it is not uncommon for them to be in the hundreds of dollars. However, this can often be bypassed if you follow the current actions of operators. Some will pay a contractual penalty for you, others will give you a discount on a phone call for a few months or a financial bonus. The disadvantage for some is that they do not control the ongoing consumption and are unpleasant surprises when viewing the invoice. Do you want to find the most advantageous program for you? Take a look at our package comparator .

It cannot be said that a flat rate is more advantageous than a credit and a dot. You and your needs will decide what pays more. With flat rates, you can often customize the services provided and change packages at any time during the billing period, you can also top up your credit from an ATM or via internet banking. However, if you want to save what you definitely want, choose the provider with which you pay the least for the services you use. If you make a lot of phone calls, bet on responsible use of the flat rate, if you need data, look for advantageous data packages.

Credit with payment in 24 hours.

If you need a larger amount of money in less time, you need a loan that is approved and paid out very quickly. If you try your luck at a local bank, you are right in most cases, because it takes a certain amount of time until the applications are approved and the money is paid out. A cheap loan with payment in 24 hours is only available through a direct bank on the Internet.

Only these financiers can offer such a loan through the flexible and inexpensive options that the online business offers. A loan with a payout in 24 hours is by no means difficult to obtain, because the approval of the applications does not depend on certain guarantees, as is the case on site. In order to additionally benefit from the best possible conditions, a credit comparison should also be carried out in advance.

The online loans are immediately available and can be paid out very quickly

The online loans are immediately available and can be paid out very quickly

Once a suitable internet bank has been found, all that is left is to submit an online application. This is completed in a few minutes and then immediately goes to the respective donor. This begins with the processing after a short time and issues an authorization if there is sufficient security. It is not absolutely necessary to have a permanent job or a regular salary in order to get a loan with payment in 24 hours.

Direct banks also accept a guarantor or equivalent security, among other things. As soon as the donors have given their approval, the transfer of the money can be ordered. As a rule, this process only takes a maximum of one day and the borrowers can use the money freely the next day.

The money is very quick and also available at low interest rates

The money is very quick and also available at low interest rates

In this way, a relatively large sum of money of around 10,000 USD can be drawn on by credit. With a loan with payment in 24 hours, it is also possible to benefit from very low interest rates. Depending on the current market situation, the interest rate ranges between 3-6%. Thus, even for a larger sum, there are only relatively low costs in the form of interest.

In order to additionally reduce the financial burden of the loan month after month, the direct banks also offer particularly long terms. Especially if you do not receive a regular salary or are even unemployed, you are of course not able to pay very high monthly payments. For this reason, it makes sense to take the maximum possible duration of up to 120 months.

The benefits of a 24-hour payout loan

The benefits of a 24-hour payout loan

Borrowers only need a computer and internet access. You look for a suitable offer on the Internet and submit an application within a few minutes. Since almost every alternative can provide collateral like a guarantor, every borrower should also get this loan approved. The money is then only available in your own account 24 hours later and can be spent for any purpose. This popular online loan is cheap, flexible and extremely profitable.