Today the mobile phone simply belongs in our everyday life. In yours too, of course, so you are interested in a new mobile phone contract while having a bad credit score. If you decide on a cell phone with a cell phone provider and would like to conclude a cell phone contract, you automatically consent to a credit query. You can usually find this point in the terms and conditions of the mobile phone provider.
Before the contract is even concluded, generally your credit score will be requested and a decision will be made in the background as to whether you are considered a financially strong or financially weak customer. If the query (credit check) is negative, you cannot purchase the phone and the phone contract is not concluded.
How do I go about buying a phone contract despite the bad credit?
If you already know that the creditworthiness check turns out to be unfavorable to you, you should appear openly. Companies are happy to help talking customers. Perhaps two years ago you suffered severe blows of fate, got into a bad financial position, and received some enforcement orders?
If you have already paid off your debts today, a new job, and enough money in your account, you can start looking for contract phones for bad credit. In the event of a rejection, simply explain your situation and offer the mobile operator a deposit. Often this suggestion comes by itself and gives you the chance to order the mobile phone yourself with an installment contract.
Prefer old contract partners
It is particularly easy to get a cell phone contract bad credit if you contact a cell phone provider you know about the cell phone contract. Which provider provides your landline network? Do you have or have you already had a contract for a mobile phone or a tariff? If you can answer any of these questions, you have already found your presumed provider for the mobile phone contract.
Because if your telephone provider has not recorded any payment defaults in your contract in the past, he will pay little heed to the credit information obtained. So you will receive your mobile phone contract despite your low credit score – even with a new mobile phone if you wish.
A contract phones for bad credit in case of problems
If you are currently in a difficult financial situation or you have filed for personal bankruptcy, it will be more difficult to get contract phones for bad credit. Current entries in the credit report automatically lead to a poorer score. The same applies to personal bankruptcy, which was usually preceded by enforcements or affidavits. Now you should take a look at which mobile phone companies often offer a contract or a cell phone with bad credit.
In some cases, you will have to pay a deposit, while other companies will offer you to use the contract as a prepaid contract. In this case, you will receive the contract more or less only monthly. It is automatically renewed for one month when you pay the next installment.
Which cell phone do I choose?
If you are looking for a cell phone with bad credit, you should not necessarily choose the latest cell phone. Sure, the mobile phone companies offer you attractive offers at low prices, but you should only select them if you are linking a tariff to your mobile phone. In addition, mobile phone companies could refuse you the contract if your credit score is negative.
However, if you choose a cheaper mobile phone, the risk of loss for the company is reduced. Alternatively, of course, you still have the option of paying for a cell phone in cash and foregoing an installment contract. When paying in cash, not even a credit check is carried out, so you are guaranteed to receive the mobile phone despite a bad credit score.
