CreditCards.com’s Fred O. Williams and Yasmin Ghahremani decided to take the two main wallets for a test run. For one week, they sought to only use their phones for payments in a Google vs. Apple showdown. In Part 1, Williams describes his experiences with Google Wallet, and engages in some Apple trash talking.
There have been rumors for years that the iPhone would be available to Verizon Wireless customers, but every time consumers and industry experts thought it was about to happen, it never did. Well, the time has finally come. Verizon customers no longer have to flee their cell phone contracts to get the beloved iPhone. A Verizon-friendly version of the iPhone will be on sale early next year, according to The Wall Street Journal. AT&T’s monopoly on the popular mobile device is ending.
For the past few years, anyone who was on a plan other than AT&T was out of luck if they wanted the iPhone. They could wait until their contract ran out, but most contracts are for two years. If they were desperate (like me), they paid a hefty termination fee on their existing plan to switch over, and then paid several hundred more dollars for a new iPhone. If consumers had bad credit, they also had to pay a deposit. That’s a lot of work to get your hands on a cell phone. Sometimes it hurts to be patient, but if we can suck it up, it’s worth it.
Read on to soak up some of my favorite personal finance advice and insight from blogs in the past week!