How to Pass Credit Check For Mobile Phones – those with bad credit looking to purchase mobile phones have some options available to them, including pay-as-you-go and SIM card-only plans.
When seeking out a new contract, mobile phone providers typically conduct a credit check to make sure you can afford monthly payments.
Get a good credit score
An excellent credit score can help you secure a better mobile phone contract deal and can increase your chances of approval for new loans or credit cards in the future.
Step one is to ensure your credit report is clean and up-to-date, which you can do by reviewing it regularly and noting any discrepancies or mistakes.
Maintaining on time payments is also of the utmost importance in order to build up your credit score, increasing the chance that contracts come your way in future.
Cell phone companies may offer financing options that don’t report directly to credit bureaus, such as installment plans or leases that could help rebuild your score depending on its condition.
Avoid overspending
Overspending is an inescapable reality for many individuals and can lead to high-interest debt and an impaired credit score, among other detrimental results.
Budgeting can help prevent overspending by allocating an equal amount to each category, this will ensure you’re not spending more than necessary on debt payments or savings and help keep you on track with your goals.
An effective way to prevent overspending is avoiding impulse purchases. Though difficult, this issue can be overcome with discipline.
Making and sticking to a plan for your goals can also be extremely helpful, preventing unplanned spending while giving you motivation for saving.
Make sure you’re on the electoral roll
The electoral roll is an essential resource for exercising one’s voting rights in both local and national elections and is also often used by lenders when conducting credit checks to verify your address.
Lenders use your electoral details to verify your identity when applying for credit, jobs, mortgages and insurance policies and this helps prevent fraud and protects them against identity theft.
Change of Address If you live in England, Scotland, or Wales you can update your address online or via post. Alternatively, obtain a Household Enquiry Form from your local council to ensure all records are current.
Maintaining an updated electoral roll profile is vitally important as it shows you are an established individual who won’t pose an identity theft risk or fraud risk, while also helping when applying for mortgage or mobile phone contracts.
