Is a prepaid phone plan right for you? Cell-phone providers are offering no-contract plans. For example, T-Mobiles

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Is a prepaid phone plan right for you?

Cell-phone providers are offering no-contract plans. For example, T-Mobile’s

“flexpay” plans allow users to buy monthly service; Boost Mobile’s no-contract plan has unlimited use; and Virgin Mobile’s plan has unlimited calling for

$49.99 a month. All providers are actively marketing their no-contract plans.

Source: The Wall Street Journal, April 22, 2009

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