If you are having bad credit history, it will be really difficult for you to apply for mobile phone contract and even if you apply, the chances of your application acceptance will be very limited because when you apply for mobile phones on monthly pay, the chosen company might run a standard check for credit and now you can imagine if you have a bad credit history, what might happen to your application.
Options for Those with Bad or Low Credit
Now you might be wondering if there is still a way out. Well, yes, there is and that is the offer from some of the retail outlets which bring bad credit mobile phones no matter how bad your credit history is. In fact, the current economic crisis has badly affected financial position of people living in the United Kingdom increasing the need of such special offers. Basically, there are 2 main mobile phone programs for new consumers.
Type # 1: Required No Credit Check
Type # 2: Required Credit Check
Type 1 – Required No Credit Check Companies
The most important thing about these companies is that they don’t require any kind of credit check which means the chances of your application acceptance are greater as you don’t have any fear even when you have very bad credit history. However, the bad thing about these kinds of companies is that they usually charge more and also implement unnecessary restrictions. For example, phone choices are usually limited and you might have to pay extra monthly fees for the services you use such as text messages or phone calls.
Type 2 – Required Credit Check Companies
the other type of companies require credit check and surely this is the worst part of their services, especially for those who have bad credit history, but the best thing about them is that once your application is accepted, you will be able to get less expensive mobile phones, call rates and text messages. However, you should also remember that each of the company from this category might have set its own level of acceptance which means you need to apply more than one to get better deals.
These are two great options for those who are facing bad credit mobile phones problems and if you are one of those who can also be benefited with them by choosing the one that fits perfectly on your actual requirement and of course your financial position.