10 Misconception About Bad Credit And Mobile Phone Contracts

-

 

Do you know your credit history affects your chances of getting a contract phone? If you have poor or bad credit history then it can be difficult to get a phone on a plan, but it doesn’t mean you will never qualify for a Smartphone. Here we will discuss 10 misconceptions about bad credit and mobile phone contracts.

When you are buying a mobile phone contract you may think I have cleared my debts now so these won’t show at present if the credit check is executed. It is a myth. 

Your past debts are on the report for at least 6 years. If there have been Iva’s and bankruptcies then it will show. The current way of paying your bills on time and clearing the debts are counted but past debts do impact your credit report and scores.

If you have never used credit in the past it is not easy for the lenders to judge your paying ability. They cannot say whether you are reliable or not and this means they can refuse to give mobile phone contracts to such customers. 

They can also ask for a deposit which can be hefty depending on the type of phone you want to purchase.  You can get a 12 month SIM only contract so the retailer can know how prompt you are in paying your bills. Do you care about paying the bills before the due date?

Cancelling a credit card may seem better because you will not be tempted to run up a debt. However, when you do this on a card that you have been using for a while then this can affect your score negatively.

Unused credit cards help your score as this shows that you are not building up debts.  It can boost your score. If you think you will be tempted to use the card then cut the card but keep the account open.

Conclusion: These are 10 misconceptions related to bad credit score and phone contracts. It is vital to understand how credit scoring works and you must work towards a good credit rating to get an approval for contract phones. Though you can get mobile phones on contract for bad credit but they have different terms and conditions.  It is better to keep your credit score healthy to qualify for a contract phone and other credit products easily.

Read More: https://blog.megamobiledeals.com/blogs/10-misconception-about-bad-credit-and-mobile-phone-contracts/

Comments

Post a Comment

Popular posts from this blog

What a Neurotypical Teen Sees; What an Autistic Teen Wants Them to See

-
Image
Young boy looking through window blinds rainy day This post was created with the help of my 17 year old son Ryan, who is autistic. Thank you Ryan for offering your insight as you continue to take on a world that you struggle to understand and that struggles to understand you day in and day out with such courage. There are a number of therapies for ASD kids. It might be a second toy or a few words to introduce language to the game. The goal is to create play that goes back and forth between parents and child to encourage more communication and add something new to their play like they teach at  autism respite . It should help them grow emotionally and learn how to better focus their thinking. As a mother of a teenage son with autism, I often wonder if the reason my son spends so much time alone, is because the world, especially the world of teenagers, doesn’t understand him. Sure, my kid struggles to understand some of the social rules of teenagedom, due in part to his autism, but, ...
Read more

Respite Care: Supporting Family Caregivers with Temporary Relief

-
Image
  The Importance of Respite Care Evidently, it is both noble and challenging to assume the role of a carer to a family member. As reported by the Australian Institute of Health and Welfare, many carers become exhausted, stressed, anxious or depressed because of the caregiving roles that they perform. Respite care serves as an essential tool to maintain the caregiver’s well-being as the responsibility of care is delegated to professionals like  autism support workers , which, in turn, ensures they can continue providing effective care in the long run. Benefits for Care Recipients While the primary aim of respite care is to support caregivers, it also benefits those receiving care. Change can be refreshing, and a new environment or different caregivers can provide mental stimulation and social interaction. In community settings, care recipients may participate in group activities that promote cognitive and emotional well-being. How the NDIS Supports Respite Care The National Dis...
Read more

Journey with an NDSP Manager for the Autism Spectrum

-
Image
  The National Disability Insurance Scheme (NDIS) represents a transformative shift in how Australia supports individuals with disabilities, including those on the autism spectrum. Pivotal to this support is the involvement of NDSP managers and different service providers for autism. This article looks into the aims of NDIS; the eligibility criteria for NDIS, and how support workers, agencies, and various services help fully cater to anyone with an autism spectrum disorder. Educational Support  Individualized educational services, regular instruction, and personal attention are given to learners to ensure they overcome learning disabilities and barriers in school and other learning activities. Home Modifications Structural changes to the home to accommodate a disabled person, for example, putting up ramps, holding doors wider, or adjusting a bathroom. Respite care  Includes short-term services like  respite care Gold Coast , which can temporarily relieve caregivers f...
Read more