- Review Your Credit Report
- Register on the Electoral Roll
- Think About Getting a SIM Only Contract
- Have Someone be Your Guarantor
Review Your Credit Report
Before you make your pay monthly contract application, you should first make sure that your credit report will allow you a modicum of chance of getting approved.
The reason for making such a move is that the mobile phone contract provider will make a credit check of his own. Although many companies have significantly lowered their demands when it comes to user credit, they still don't just give out contracts to bad credit customers. If they found your credit report not meeting their minimal requirements, they may still reject you for a monthly contract.
By making sure that your credit report is up to date and accurate, you can improve your chances of getting approved for a bad credit mobile phone contract.
Register On The Electoral Roll
One trick many people may not be aware of when getting a credit or a loan is to be registered on the electoral roll. A lot of people think they are automatically registered so they don't bother to look. This is a big mistake, as it can benefit you a lot.
Not being registered on the electoral roll will not help you obtain a loan or a credit. This is because credit agencies will use the information contained in the roll to verify your identity and address. When they do so, they will pass that info onto pay monthly contract providers and lenders to prevent possible fraud.
If your name doesn't come out on the electoral role it won't look good for your bad credit phone contract application.
Think About Getting a SIM Only Contract
SIM only contracts are good way to get a mobile phone number if your credit rating doesn't meet the requirements of the provider. One of the reasons being is that the deal doesn't include a handset as is therefore much cheaper than a regular, even bad credit mobile phone contract.
Another reason why you may have better luck with SIM only deals is that, even though there will still be a credit check, the criteria are much lower.
Of course, the only catch with SIM only plans is that you will have to provide your own handset.
Have Someone be Your Guarantor
If your credit rating is very low and you have tried all of the above, but still getting rejected, there is one more thing you can do. Ask a friend or relative to be your guarantor by signing up on your behalf.
How does having a guarantor work in the case of mobile phone monthly contracts?
A guarantor is a person whose credit rating will be checked instead of yours when you apply. If you made a good choice as to who will be your guarantor, this person will pass a credit check with no problem and you will finally get a monthly contract you have been waiting for so long.
However, before you start buzzing your friends and relatives for this favour, you should know that, in case you default on your payments, your guarantor will be obligated to do so for you.
Here at Chek Phones we know how hard it can be to get rejected for a mobile phone contract due to bad credit. Our hope is that with our help and these tips, you will finally land a contract.