Whether you love Android or iOS, you’re going to have a problem getting a new phone if you have bad credit. When you have cash to buy the phone that you want upfront then there’s really nothing to worry about. It’s a different story, however, if you’re hoping to snag a phone contract deal but can’t get one because your credit rating is less than stellar. In this case, you may want to check out bad credit phones.
What are bad credit phones?
Bad credit phones are deals offered specifically for customers with bad credit. If you’ve been refused a phone contract because of your history of CCJs, defaults or nonpayment, these deals are perfect for you. Other than it’s widely available online and it’s easy to apply for, bad credit phones are advantageous because of the no credit check policy. Even if you have the worst credit rating, you can still avail a handset and a good plan on your call, text and data needs provided that you meet the basic requirements.
Just like traditional phone contracts, bad credit phone deals let you choose a handset then a phone bundle to go with it. It also requires you to pay a fixed monthly fee for the next 12, 18 or 24 months depending on your deal’s payment plan.
Who are bad credit phones for?
As mentioned, bad credit phones are for customers who can’t get a phone contract elsewhere. It is offered across UK to customers who are of legal age and reside in the UK. The only other major requirement you need to meet is to provide proof of steady income. Providers will then assess your personal and financial circumstances then offer you recommended deals to suit your needs and budget. To check out the best bad credit phone deals, more info is available at Phonesworld.co.uk.
Why choose a bad credit phone?
Though a bit more expensive than standard phone contracts offered for people with good credit, bad credit phones remain advantageous in a number of ways. For one, bad credit phones are now more available online than ever. In fact, more and more providers are also promising same day approval. If you have your documents ready and you meet the eligibility criteria, you can get approved in as fast as 24 hours or less.
With no credit checks to worry about, bad credit phones are often a sure deal. Though approval is not guaranteed, you can almost always expect it so long as you stick with your provider’s recommendations. But the best part about bad credit phones is the fact that it can help boost your credit score in the long run. How, you ask? By making sure that you’re paying your fixed monthly bill on time. Do it for the entire duration of your contract and you’re bound to see significant improvements on your credit score.
Why not choose a bad credit phone?
Though accessible, bad credit phones are not always the best option for everyone. Remember that phone contracts have a lengthy lock-in period. In most cases, you’ll have to pay a fixed monthly fee for 24 months. If you feel that you cannot handle that, you may be better off picking a SIM only or PAYG deal at least for now.
With SIM only deals, you never have to worry about long lock-in periods. There are now deals with no contracts or just a one-month contract. You still get to enjoy cheaper rates on your call, text and data needs. With PAYG deals, on one hand, you get a phone plus top up fee at no lock in period at all.