Say Goodbye to Deposits: Lowry Crossing No Credit Check Electricity

Signing up for a utility is rarely fun. It seems like every company asks for your social security number to run a credit check to see if you have to pay a hefty deposit. Pronto Power has a better method that doesn’t require its customers to pay a deposit: prepaid power. To learn how you can take advantage of Lowry Crossing no credit check electricity, read below.

What is a deposit, anyway? 

Have you ever wondered why some people have to pay a huge deposit to begin service, but others pay a much smaller deposit or none at all? It’s all about the credit check. If you consistently pay your bills on time, you can develop a good credit score. However, this isn’t the case for many people. Any time you pay a bill late, it can negatively impact your credit score. Paying on time for a long period will help you steadily build your credit, but many people need electricity even when their credit score is low.

Your credit score is used to determine how much of a deposit you will have to pay to begin service. A deposit is a utility company’s way to recoup losses if a customer neglects to pay their bills. When the account is closed, the deposit is released to pay the outstanding balance.

This seems pretty fair—for the utility companies. For customers who pay their bills on time, yet haven’t had the time to build up their credit score, it’s an inconvenience. These customers are penalized regardless of how often they pay their bills on time. This doesn’t seem nearly as fair.

Equaling out the playing field

Pronto Power has an equitable answer for these customers: prepaid electricity. Instead of demanding a deposit to cover an outstanding balance, prepaid plans allow you to pay in advance for the service you use. This means you are never in arrears. Since your account is never late, you don’t have to pay a deposit to guarantee your bill is paid.

Prepaid service

Signing up for Pronto Power’s prepaid service is a breeze. It takes less than an hour if your home has a smart meter (98% of Texas homes have a smart meter), and the upfront cost to begin service is minuscule compared to other utility companies. In fact, this amount is used to load your account, which then starts your service. No deposits in sight!

If you’re looking for a Lowry Crossing no credit check electricity provider, look no further than Pronto Power! Give us a call at (844) 621-2852 to get started with our flexible and convenient prepaid service.