Are bad credit mobile phones for those with a poor credit rating only?

Are bad credit mobile phones for those with a poor credit rating only?

Believe it or not, the largely accepted belief is that bad credit mobile phones are entirely meant for individuals with a poor credit rating. This misconception, myth and untruth has been propagated by individuals who are either ignorant or simply have no inkling on how bad credit mobile phones operate. This misconception could be as a result of the name bad credit mobile phones which in some quotas might mean that this type of phone contract is specifically meant for individuals with a poor credit rating. However, this is further from the truth and in as much as bad credit mobile phones were first introduced with the interests of bad credit individuals in mind, the truth of the matter is that they are open to everyone the state of their credit score notwithstanding.

So, who can go for a bad credit mobile phone? The simple answer is anyone. However, for the purposes of this article, we are going to shed light on different classes of people that will find solace in bad credit mobile phones.

UK citizens with no existential credit history

You probably can’t understand why a person with no prior credit history would be denied a phone contract. In your mind, you probably think that only individuals with a poor credit history are most likely to be denied a phone contract. Well, here is the shocking truth. Having no prior credit history is just as worse as having a poor credit rating in the eyes of phone contract providers and lenders. The general consensus among phone contract providers is that they have no idea how an individual with no credit history to their name behaves with their finances and as such pose a great risk to them. In that regard, such class of individuals are better off applying for bad credit mobile phone where the requirements are not stringent and credit checks not mandatory.

UK citizens looking to build up their credit rating from scratch

As noted above, having no credit history to your name will work against you wherever you wish to apply for a phone contract or even a loan. In light of the above, the only way to build up your credit rating is through applying for a bad credit mobile phone. Of course, if your aim is to build your credit rating from scratch, you should ensure that you are diligent in your repayments and that you do not miss any payments. This will reflect positively in your credit report and will ensure that in future you get a better deal when applying for a phone contract.

UK citizens seeking to improve their credit rating

A bad credit rating is bad not only for business but also your own wellbeing. However, considering the fact that getting approved for a standard contract when one has a poor credit rating is nigh, a bad credit mobile phone is of essence. This is because credit checks are not mandatory and if utilised well, a person can effectively improve their credit rating over a period of time.

Conclusion

You don’t really need to have a poor credit rating to apply for a bad credit mobile phone. In fact, anyone can go for a bad credit mobile phone provided that they are willing to. Those seeking to improve their rating or build one from scratch will without a doubt find reprieve in bad credit mobile phones.