Bad credit mobile phones
You will agree with me that being rejected after making an application for something can leave a sour taste in your mouth. In fact, the pain is heightened if the rejection is based on your credit score. Having a bad credit score is something that causes a lot of pain to a person. All of a sudden, you are seen as high risk and deemed as a second class citizen. Your papers are carefully scrutinized and the probability of getting approved for a loan or any kind of mobile phone contracts is nil. In as much as this can be quite demoralizing at times, bad credit mobile phones have given individuals with bad credit lifeblood.
They can now apply for a mobile phone contract without having to worry that they will be rejected and turned away. Thanks to the proliferation of bad credit mobile phones providers across the UK, people with a poor credit score can now put a smile on their faces and get a mobile deal of their choice without having to worry about the status of the credit score. That being said, it’s instrumental to note that there are basically two types of providers in the market. On one hand, you have a provider that does not do a credit check and on the other hand, you have a provider that does credit checks but has put a very low credit score for approval.
That notwithstanding, the popularity of providers that do not do any credit checks have given people with bad credit a new lease of life.
They no longer have to worry on end and can now apply for bad credit mobile phones without any difficulties. While this is a great thing, there are a number of demerits that people face when applying for bad credit mobile phones.
- • They have to contend with limited number on the kinds of handsets or mobile devices that they have to choose from.
- • They have to contend with a higher fee that they have to pay on a monthly basis for voice calls, data and even text messages
- • The interest rates they pay are relatively higher as compared to those that have a healthy credit score pay
- • They have to commit themselves beyond the standard 12 month contract. What this means is that they are required to commit to an 18 or 24 month contract
In light of the above, the logical thing to do would be to make a comparison of a company or provider that provides the lowest rates and whose approval of bad credit mobile phones has fewer disadvantages. Alternatively, if you want to lower your expenses or the amount of money you will be paying monthly, you can opt to go for a refurbished phone as opposed to a new phone. This is because most providers are not keen on providing high end handsets to people with bad credit and reduce their risks by offering them refurbished phones or phones that were released way back. In the long run, it depends with which provider you decide to do business with.