Walk into a T-Mobile store and a second cell phone payment option might catch your eye: the Value plan.
At first, the plan looks a bit like an interest model: a lower up-front cost for your purchase, say $50 less, followed by 20 months of equal payments of $20 apiece. In other words, you spend most of your two-year contract paying hundreds of dollars more for your phone.
But peer closer and the Value plan actually saves you over $100 during a two-year contract, and more if you keep the device longer than its typical two-year tenure.
How? You pay … Read more