If you are like me, you probably hate disappointments. After all, who likes disappointments anyway? Unfortunately, that is what people with a poor credit rating have had to contend with over the years every time they sought to be approved for a mobile phone contract. The constant rejections has taken a toll on their self esteem and in more ways than one hurt their ego. However, the dawn and subsequent popularity of bad credit mobile phones leveled the playing field for those considered to have a poor credit rating as well as those considered having a healthy credit score.
But have you ever wondered the reasons as to why a person should apply for bad credit mobile phones? Why should a person go for bad credit mobile phones?
Well, to be sincere, credit checks are mandatory in the UK before a person can get approval for a loan or a mobile phone contract. However, the term “no credit checks” in this regard is used loosely to denote that credit checks are simply done as a standard procedure but have no impact on the final decision as to whether a person will be approved for a mobile phone contract or not. On the basis of this, if you have always suffered the indignity of rejections every single time you applied for a mobile phone contract, its time you considered going for bad credit mobile phones.
If you are the kind of person who has a very bad credit report due to how you managed your finances in the past, bad credit mobile phones are your best bet. Considering the fact that credit checks don’t carry as much weight in bad credit mobile phones, you can easily get approved and commit yourself to making monthly payments without defaults. When you do this diligently, your credit score will start to improve with time and get better.
If you have never had to deal with rejections every time you applied for a mobile phone contract, you might not be able to appreciate the peace of mind that comes with having the assurance of approval every time you make an application. Bad credit mobile phones give everyone equal opportunities irrespective of whether they have a history of defaults or if their credit score is nothing to write home about. You therefore get peace of mind in the knowledge that your chances of approval are very high irrespective of how poor your credit rating is.
Yes! You read it right. Your eyes are not playing tricks on you. Getting approved for a contract when you have no credit score is just as impossible as it is for a person with a bad credit score. The thinking that financial institutions/lenders as well as mobile phone providers ascribe to is that they don’t have a way in which they can verify how prudent or responsible you are when it comes to handling cash. In that regard, the best thing to do would be to go for bad credit mobile phones and start building your credit score from scratch. Of course, once you get a good score, you can always go for standard contracts that are relatively cheaper and boast of the best perks!