Verizon FiOS offers prepaid plan, no contract or credit check needed

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Verizon is now selling FiOS Internet, TV, and phone services on a prepaid basis, with new plans that don't require annual contracts, deposits, or credit checks.

Announced yesterday, FiOS prepaid comes with only one Internet speed choice: 25Mbps up and down. By contrast, Verizon's regular plans start at 50Mbps and range up to 750Mbps.

But prepaid service could be enticing for people who have bad credit or want to avoid long-term contracts. Prepaid service also offers a slightly lower price than the regular entry-level tier, which makes sense since the speeds are slower. The 25Mbps Internet-only prepaid plan costs $60 a month plus taxes and fees, with a Wi-Fi router included. "FiOS prepaid includes the equipment you need at no additional charge," Verizon says. Professional installation is $90, but self-installation is free.

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