It's indeed frustrating being denied or turned down on your mobile phone application because of the sole reason that you have a bad credit rating. It somehow limits you from availing the services that you wish to have. More often than not, companies won't accept or approve applications with this kind of credit standing.
Luckily, it's not the end of the road for you. You can opt for alternatives, like going for a bad credit contract phone. We have supplied a list of things that we though you ought to know.
What are bad credit mobile phones?
Bad credit mobile phones are phone deals that are created for people with, obviously, bad credit. This kind of deal is commonly offered online by companies that would like to help those people who are having a hard time getting approved by the major providers.
Bad credit mobile phones are no different from the regular contract phones availed by consumers with good credit rating. The only thing that separates them apart is the fact that you may have fewer choices in terms of mobile phone models and the fees and charges might be higher than expected.
Having said that, more applicants usually won't go for the latest mobile phones, like iPhone knowing its way too expensive. But worry not, because that does not mean you can't get quality phones.
Who should get bad credit mobile phones?
As the terms imply, bad credit mobile phones are intended for people with bad credit record. If you are one of them, then this is the best solution for you. Before you decide on applying for a contract phone, you must meet the basic requirements and these include, you are on a legal age and a resident of United Kingdom. You should be able to provide proof of identification and secure a proof of your income just so your provider will know that you are capable of paying the monthly dues.
When should you get one?
Having learned that you can get a mobile phone with your bad credit is really a nice thing, after all. But do you know the best time to get one? Although this sounds really tempting, this type of mobile phone deals has its downside. Primarily, you may be charged higher than expected since there are risks. In addition, mobile phone choices may be limited because some providers may be hesitant due to the bad credit score.
The best time, though, is when you have already looked for alternatives to pay monthly contracts. If you will be able to get a contract phone that you want, you could go for cheaper deals like Pay As You Go (PAYG) and Sim only options for the meantime.
Why should you go for bad credit mobile phones?
Aside from getting a good mobile phone deal given your bad credit history, opting for bad credit mobile phone could mean improving your credit score. You can achieve this by paying your bills on time. One thing worth noting is the idea of picking the plan that offers affordable bundles on text, call and data. Keep in mind that you must go for deals that will definitely meet your needs so you will not go beyond what you can pay for.