Cellphone users are increasingly failing to meet installment contract obligations for the devices and are thus damaging their credit ratings, a Tokyo-based credit information firm told The Japan Times Tuesday.
As of February, about 1.55 million people, or 3.4 percent of everyone who purchased cellphones by installment, failed to pay their bills for three months or longer, according to Credit Information Center Corp.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
We humbly apologize for the inconvenience.