Boost Mobile Boost Up Agreement Explained

If you`re a fan of Boost Mobile and its affordable prepaid plans, you might have heard of the Boost Up program. This program allows you to purchase a new phone with a down payment and additional monthly payments. But what exactly is the Boost Mobile Boost Up agreement, and how does it work? Let`s dive in.

What is Boost Mobile Boost Up?

Boost Up is a program offered by Boost Mobile that allows customers to finance a new phone purchase. With Boost Up, you can make a down payment on a new phone and pay additional monthly payments until the phone is paid off. The program allows you to upgrade your phone without breaking the bank, as you can choose from a variety of devices.

How does Boost Up Work?

To participate in the Boost Up program, you`ll need to meet certain requirements. First, you must have an active Boost Mobile account for at least 12 months. You must also have made payments on time for at least 12 months and have a good payment history. Additionally, your Boost Mobile account must be in good standing, meaning that you cannot have any overdue balances.

Once you meet these requirements, you can choose a phone to finance through Boost Up. You`ll make a down payment on the phone, and the remaining balance will be split into monthly payments. The amount of your monthly payments will depend on the cost of the phone and the length of the financing period. You can choose financing periods of 18, 24, or 36 months.

What`s in the Boost Up Agreement?

When you participate in Boost Up, you`ll need to sign an agreement that lays out the terms of the financing. The agreement will include details about the down payment, monthly payments, and the length of the financing period. It will also include information about late fees and other penalties if you miss payments.

Additionally, the Boost Up agreement will include details about the device you`re purchasing. It will specify the make and model of the phone, as well as any warranty or insurance options that are available. The agreement will also include information about what will happen if you decide to cancel the financing or upgrade to a new phone before the end of the financing period.

Boost Up and Credit

One important thing to note about Boost Up is that it is not a credit-based program. Boost Mobile does not perform credit checks or report your financing activity to credit bureaus. This means that Boost Up may be a good option for those with poor credit or no credit history.

However, it`s important to note that Boost Up is not a way to build credit. If you`re looking to improve your credit score, you`ll need to explore other options.

In Conclusion

Boost Mobile`s Boost Up program is a great way to finance a new phone without breaking the bank. By making a down payment and paying monthly installments, you can upgrade your phone and stay up to date with the latest technology. Just make sure to read and understand the terms of the Boost Up agreement before signing on the dotted line.