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Confirmed: T-Mobile to drop FlexPay, require deposits

Published Mar 1st, 2011 3:19PM EST

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We reported yesterday that T-Mobile will be eliminating its FlexPay plans, and we’ve now received a screen shot of an internal T-Mobile document that confirms the carrier’s plans to drop FlexPay. In its place, T-Mobile will be introducing a program that lets customers with unsatisfactory credit sign up for postpaid-like plans by leaving deposits up front. These deposits range from $50 per line to $400 per line, and will be based on the customer’s credit rating. Full deposit amounts will need to be paid at the time of activation and deposits will be refunded in their entirety after accounts have been in good standing for 12 months.

Thanks, justfinethankyou!

Jonathan S. Geller
Jonathan Geller Founder, President & Editor-in-chief

Jonathan S. Geller founded Boy Genius Report, now known as BGR, in 2006. It became the biggest mobile news destination in the world by the end of 2009, and BGR was acquired by leading digital media company PMC in April 2010.

Jonathan is President of BGR Media, LLC., and Editor-in-chief of the BGR website.

What started as a side project at the age of 16, quickly transpired into 24-hour days and nights of sharing exclusive and breaking news about the mobile communications industry. BGR now reaches up to 100 million readers a month through the website, syndication partners, and additional channels.