You may pay off the full cost of your phone (and any other devices included in your Equipment Installment Plan) early. If you do, you’ll enjoy monthly savings even sooner. To pay off your phone, you will need to call Customer Care or visit a T-Mobile retail store.
Lots of people like to get prepaid plans because they are a way to get phone service without having to sign a contract. This means that you can end your service with a carrier at any time without consequence. If you have a yearly contract with a carrier and you want to cancel service before the end of the contract, you usually have to pay a fee for each of the remaining months in your contract. No contract cell phone plans typically require you to pay the full price of the phone. However, many companies will now let you pay off the phone over 24 months.