It used be that bad credit scores only affect personal loan applications and other financial concerns. Nowadays, having bad credit also means greater difficulty when applying for a phone contract. In fact, most providers may reject your application outright when you have a less than stellar credit rating.
If you need a phone contract and you have bad credit, should you just forget about applying at all? With bad credit mobile phones more accessible than ever, you don’t have to. Even with a poor credit history, you can now avail a phone contract in as fast as within a day.
Bad credit mobile phones exist to bridge the gap in the mobile phone industry. These are phone deals that do not require any credit check hence super easy to avail. As long as you meet the basic requirements, you can almost always expect same day approval for your application.
Just like traditional phone contracts, bad credit mobile phone deals require you to pay a fixed monthly fee over the next 24 months. The fee already covers your phone’s cost and your phone services including call, text and data allowances.
You also get to choose a handset along with your phone service bundle. But this is where a possible downside may lie. Unlike if you have good credit, the handset selection is often very limited not to mention that the handset models may be old. Another downside has something to do with cost. Because there is no credit check involved in the approval process, the fixed monthly fee may be more expensive than usual.
Keeping in mind the downsides, the next question to ask yourself is whether a bad credit mobile phone is the right choice.
While not always advantageous, there’s no denying the fact that bad credit mobile phones are very easy to avail no to mention it’s easily accessible online. If you’ve been refused a phone contract elsewhere because of your bad credit score, this is a reasonable option to consider for the meantime. Once you have improved your rating, you can always opt to upgrade to a better deal with a better handset selection. For the best deals on bad credit mobile phones, Phonesworld.co.uk is a good place to start looking.