All contract phones require a credit check in some way or another. The reasons behind this are that the mobile phone company is giving away a £400 phone in the hope that you pay your bills on time.
By not credit checking customers other stores such as buy as you view, brighthouse will charge a much higher cost in interest or for the goods for sale. The reasons for charging more are that for every person who doesn’t pay their bills they have more than enough money to cover costs from its good customers.
If you wish to get a mobile phone contract but your credit score is lower than you would like then it may still be possible to get one. There are several tips to increase your chance of approval. The main thing to do is to check what your credit score is as it may not be as bad as you think.
Missing payments and occassional overdue notices may not impact your score greatly. If you have severe bad credit then you may be best getting a pay as you go handset and saving up for the ideal phone you want.
If you have looked at your credit score and are not sure whether you should apply for a new mobile contract then please consider the following:
- Sim only deals – Sim only contracts give you the benefits of the pay monthly pricing without the risk to the network. Paying this sort of bill on time may mean that the choosen network accepts you onto a full contract once you have paid the bill for a period of time.
- Applying directly to a network operator – By applying to a network you are able to get an instant decision as well as the chance to offer a security deposit or be referred for further questions about your application making for a higher chance of approval.
Further tips to come. Stay tuned!
