Before bad credit mobile phones became mainstream; the concept of being approved for a phone contract with a poor credit rating was alien. It was unheard of and unimaginable. As a result, UK citizens with a less than average credit score had to contend with incessant rejections every time they sought to get approved for a mobile phone contract.
The entry of bad credit mobile phones into the UK market was positively received and has over the years been hailed as the best thing to ever happen to individuals with a less than average credit score. Bad credit mobile phones were essentially and specifically designed for individuals with a less than stellar credit score or whose credit rating were in debilitating status.
The once strenuous process of applying for a mobile phone contract became as simple as taking a walk in the park. UK individuals who had for a long time struggled to get approved for a phone contract could now do so without having to worry on end on the outcome of their application. It was like the UK mobile phone industry had undergone a complete metamorphosis. However, it is interesting to note that the buzz around bad credit mobile phones is not farfetched. If any, there are indeed certain features of bad credit mobile contracts that have made them very popular in the UK.
No credit checks
Have you been unable to snag a mobile phone contract simply because your credit score is in debilitating status? If that’s the case, bad credit mobile phones will surely put a smile on your face. If there is something that stands out about these mobile phone contracts, it is the fact that credit checks have no bearing on the ultimate approval or rejection of your application. Basically, the assumption that no credit checks are done is a little bit stretched and fallacious. The UK law requires that providers carry out credit checks before approval. The only good thing about bad credit mobile contracts is the fact that the results of the credit checks are not used to approve or reject a person’s application.
Opportunity to rebuild a credit report
Let’s face it. Having a poor credit rating can and will affect every aspect of your financial life. With a poor credit rating, it becomes impossible to avail a loan or even snag a phone contract. Even if you do, you won’t get affordable interest rates or enjoy the perks that a person with a healthy credit history would. Since getting approved for a phone contract when you have a poor credit rating is a tall order and most of the time strenuous, bad credit mobile phones provide you with the perfect opportunity to rebuild your credit score and hopefully get better deals and plans in the foreseeable future. You simply need to ensure that you avoid defaults that might actually impact your credit score negatively. A look at PhonesWorld website and you will realize that there are tons of information on how to improve your credit score and why bad credit mobile contracts are the best way to go about it.
Unlike ordinary mobile phone contracts, bad credit mobile phones give you over 90% guarantee of being approved for a phone contract even if you have bad credit. This is an aspect that is alien especially to individuals with a poor credit rating. Considering that contract phones for bad credit are designed for individuals whose credit score is in doldrums, there is a guarantee of approval as opposed to applying for an ordinary phone contract when your credit score is less than average.