Bad Credit Iphone Contracts For Uk Residents
iPhones are high end phones and carry the price tag to match. Naturally most iPhone deal require a credit check that’s not easy to pass even for consumers with good credit scores.
But if you’re a savvy shopper and know how to beat the mobile phone shops at their own game, you can still get a good deal whatever your credit score may be.
Get A Loan With A Cosigner
Since you have no credit score, lenders will be unlikely to approve a loan for you in your own name alone.
But by adding a cosigner with a strong credit history, the same lender may issue an approval. Make your payments on time each month, and youll begin to build a good credit history.
Any of these methods will take anywhere between six months and 12 months to establish a credit score. But you’ve got to start somewhere, and it’s best to start now if you have no credit at all.
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Conditions That Might Cause Your Application To Be Declined
When assessing your ability to pay back debt, Goldman Sachs1 looks at multiple conditions before making a decision on your Apple Card application.
If any of the following conditions apply, Goldman Sachs might not be able to approve your Apple Card application.
If you’re behind on debt obligations4 or have previously been behind
- You are currently past due or have recently been past due on a debt obligation.
- Your checking account was closed by a bank .
- You have two or more non-medical debt collections that are recently past due.
If you have negative public records
- A tax lien was placed on your assets .
- A judgement was passed against you .
- You have had a recent bankruptcy.
- Your property has been recently repossessed.
If you’re heavily in debt or your income is insufficient to make debt payments
- You don’t have sufficient disposable income after you pay existing debt obligations.
- Your debt obligations represent a high percentage of your monthly income .
- You have fully utilized all of your credit card lines in the last three months and have recently opened a significant amount of new credit accounts.
If you frequently apply for credit cards or loans
- You have a high number of recent applications for credit.
If your credit score is low
Goldman Sachs uses TransUnion and other credit bureaus to evaluate your Apple Card application. If your credit score is low ,5 Goldman Sachs might not be able to approve your Apple Card application.
Why Your Application Is Pending Or In Review
Goldman Sachs might need more time to review some applications, or request more information to verify your identity. After you apply, you are shown a message in Wallet app that will indicate your application is in review. Updates regarding your Apple Card application will be sent to the primary email address associated with your Apple ID.
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Prepaid Phones Without A Contract That You Can Buy Now
For the ultra budget-conscious, a prepaid phone with a pay-as-you-go plan is the best bet. These are the phones you see when you shop at Target, Walmart or even your local grocery store. They start at around $10 for a super basic phone and can run up to a couple of hundred bucks for a fancy-ish smartphone. These are run on networks like Cricket Wireless, Boost Mobile, Virgin Mobile, Jitterbug, etc.
The biggest pro of going this route is getting a phone and a plan for super-cheap prices.
Are There Any Networks I Should Avoid If I Have Bad Credit
Most UK network providers operate a very similar credit scoring process for their handsets, that’s because they all subscribe to the same datasets from providers like Experian and Equifax. So if you have failed one credit check, any other operator will be able to see that you’ve failed elsewhere.
No one network is better than the other in this regard. But there are certain types of deals you should avoid applying for such as Unshackled, O2 refresh deals, Virgin Freestyle, Tesco Mobile Anytime Upgrade and giffgaff handsets. These plans are known as handset financing agreements and classify as a financial product which falls under tighter regulations. As a result, the credit check is harder to pass. So if you do apply for a contract we recommend going for a traditional 24-month style deal.
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Verizon Allset Prepaid Plans
If you are a Verizon fan, then you might want to try out the Verizon prepaid plan. Depending on the data plan that you get, you may pay somewhere between $35 and $45, and you can choose from a variety of smartphones. This includes the latest Samsung Galaxy phones and iPhones. Plus, if you only need a new number and cell phone plan, Verizon allows you to bring your own phone.
Contract Phones For Bad Credit How Can I Get A Deal
If you want to get a mobile phone contract and do not feel a pay-as-you-go mobile phone deal is a good enough alternative, there are some things you can do to improve your chances:
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Check your credit report for errorsIf you have never seen your credit report and score then it is worth checking it to make sure there are no errors on it that could affect your credit rating. Dispute and correct any mistakes. Read our guides on disputing a poor credit rating and how to improve your credit score and your credit rating.
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Choose a cheap phoneYou can also apply for one of the low-end mobile phones on the market. Mobile phone network providers see a bigger risk in giving someone one of the high-end newer models on a contract, so go as low as possible to increase your chances. If you are also prone to damaging or losing your phone, it could also make sense to consider a far cheaper model
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Opt for minimal callsYou could opt for a basic model and minimal calls and data bundles in order to reduce your costs and make it more likely that you will be approved for credit.
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Consider a Sim-only contractLikewise, Sim-only contracts are better for people with bad credit as there’s no mobile phone involved in the deal. The mobile phone makes up much of the risk involved with a contract, so when you are only paying for the network the risk for the provider goes down. Buy yourself a cheap mobile phone secondhand and take out a 12-month Sim-only deal to build your credit rating.
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And This Impacts My Mobile Phone How
Your credit score affects your mobile contract because UK operators want to run a credit check before giving you a phone. To be clear, this doesn’t necessarily affect all mobile contracts. A SIM free contract, for example, might not require a credit check at all . A Pay as You Go contract doesn’t require a credit check either. But an incentive contract, one that comes with a mobile phone, will almost certainly require a credit check.
Why? Because when you sign a mobile contract that comes with a new phone that phone isn’t free. You may pay a little money up front, but after that, the cost of the phone will be added in instalments to your monthly bill. Operators want to run a credit check to make sure that you’re trustworthy before agreeing to let you pay for your phone in instalments, which makes sense, if you think about it.
Pro Tip: Signing a contract doesn’t necessarily mean that you’re credit approved. Most UK operator contracts will contain a clause about passing a credit check. If you sign but it later turns out that you don’t have good credit, the operator has the right to renege on the contract!
Get Someone To Cosign With You
If you do not have a family member who can hook you up with a family plan, you can still get approved for a cell phone plan if you get a cosigner with good credit. The phone plan will be in the name of the cosigner so this might be tricky if you dont have anyone who is willing to be accountable if you dont make the payments.
However, phone carriers usually allow you to move the account into your own name so this is a good temporary solution if you have bad credit now and you want to take over the account when your credit score is better. This might also convince your friend to cosign if you plan on moving the account to your name in the near future.
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Use A Prepaid Carrier
Prepaid carriers don’t require a credit check because, unlike the major carriers , they don’t offer cell phone financing. Instead, if you choose to purchase a phone through them , you have to buy it outright. Most of these phones are older models, meaning your outright cost is much lower than that for newer devices.
This option has its advantages and disadvantages. Some terrific prepaid carriers in the U.S. offer a . However, if you want the absolute latest iPhone or Samsung Galaxy, you’re going to face a hefty upfront fee to obtain the device .
Q: Why would I fail a credit check for a phone?
You typically fail a phone credit check when you have missed payments for things like credit cards, personal loans, and car payments in the past. You may also fail if you have no credit history at all, since the carrier has no reliable way to know if you’re good for making your phone payments on time.
Become An Asda Mobile Customer
At Asda mobile, we offer no-contract pay as you go plans where we dont perform any credit checks. This means you can enjoy one of our great value bundles no matter what your score is.
If youre interested, check out some of the other benefits of a pay as you go deal with us.
You may also be interested in checking out our blog on money saving tips, which suggests ways of keeping costs down, as well as our round-up of some of the best money saving apps available for download right now.
If youre looking for a phone, take a look at the best Asda handsets online – you wont be disappointed!
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How Can You Get A Mobile Phone To Go With A Sim Only Deal
These rolling SIM only plans wont come with a mobile phone, so theyre ideal if you already have a phone youre happy to use. But what if you need a new phone too? Well, if a pay monthly plan that includes a handset is not an option, you can save up and buy one outright.
There are a number of smartphones out there that dont cost the eye-watering sums you might see for the likes of the iPhone 12 Pro Maxor the Samsung Galaxy S21 Ultra.
Even Apple and Samsung make great phones that come at decent prices, like the iPhone SE at £399, or the Samsung Galaxy A52 5G at £349.
If thats still a bit too much, you could get a refurbished phone. These will be used phones that have been rigorously tested to make sure theyre still fully functional, and then sold on at a fraction of their original price.
Is There Such Thing As A No Credit Check Contract
Some retailers do offer pay monthly contracts without running a credit check, but this will only be for cheaper handsets. Smartphones like the iPhone XR Max and Galaxy S9 will always be credit checked. Because they are high-end devices the chances of getting declined due to bad credit or an IVA increase.
TigerMobiles.com recommends that customers with a poor credit history choose a cheaper phone. This reduces the risk outlay for the network or retailer. Most networks now offer early upgrades, so once a customer has proved they can pay on time each month the option to get the latest Samsung Galaxy or Apple iPhone will be available.
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Get A Relative To Add You To A Family Plan
This is the cheapest and easiest way to get a newer phone and a good plan without spending a lot of money or having a good credit score. Most plans will allow customers to add users for relatively low prices . Many major carriers also offer incentives like monthly discounts, etc. to customers who add lines and users to their plans! Plus, the plan isnt in your name, so it wont affect your credit score.
Ways To Get A Cell Phone Plan With No Credit Check
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Cell phones have practically become an extension of our bodies theyre our phones, computers, cameras, watches, alarm clocks, game systems and more. But getting one can be difficult if you dont have credit.
Carriers want to avoid customers racking up huge bills and then not paying them. To this end, many major cell phone companies will check your credit to evaluate your financial responsibility and ability to pay each month.
If you have bad credit or no credit history, you may have to jump through some extra hoops, but you can get a cell phone with no credit check.
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Difference Between Soft Credit Pull And Hard Credit Pull
Anytime you apply for a new loan, the creditor does a hard inquiry or hard pull, which pulls down your score.
Fortunately, not all inquiries into your credit status knock off points from your credit score. In contrast to a hard credit pull, a soft credit pull doesnt show up on your credit reports and doesnt affect your scores. Soft pulls are checks carried out by a lender to pre-approve you for a loan offer and also by some cell phone companies.
To establish a good credit score, you can try to limit the number of applications. Each hard pull remains on your record for 2 years.
Can I Trade In An Old Iphone
You sure can! You can trade in a phone as old as the iPhone SE for up to $30 off, all the way up to the iPhone 11 Pro Max for up to $500 off
Trade-in values for your old iPhone
- iPhone SE : Up to $30
- iPhone SE : Up to $210
- iPhone 6: Up to $30
- iPhone 6 Plus: Up to $50
- iPhone 6s: Up to $60
- iPhone 6s Plus: Up to $80
- iPhone 7: Up to $100
- iPhone 7 Plus: Up to $140
- iPhone 8: Up to $140
- iPhone 8 Plus: Up to $210
- iPhone X: Up to $250
- iPhone XR: Up to $250
- iPhone XS: Up to $300
- iPhone XS Max: Up to $370
- iPhone 11: Up to $350
- iPhone 11 Pro: Up to $450
- iPhone 11 Pro Max: Up to $500
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Does Apple Company Directly Finance For Bad Credit Or Without Credit Check
The answer is simply yes. Owning an Apple product is now easy irrespective of your credit score. Thats because Apple offers direct financial help to clients regardless of their poor credit. The company has a program known as Rent to Own iPhone No Credit Check that enables clients to purchase the phone and pay in installments within an agreed leasing duration.
This program assist clients with poor or no credit records to acquire apple products with cheap payment plans. Clients are allowed to buy products without a credit check and pay for the items over an agreed duration. The leasing or payment duration of this program depends on various factors. They include the price of the product, the seller, and the quality of the product. In most cases, the payment duration is one to two months.
How To Get Approved For A Cell Phone With Bad Credit
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With more than 275 million Americans using cell phones, this mobile device has now become a necessity for most people. A cell phone is not only a communication tool but it is also a must-have in doing business, getting information, shopping, entertainment, education, and more.
However, unlike other electronic devices, getting yourself a cell phone is not as simple as buying something off the rack. When you want to get a cell phone, you also have to apply for a phone service for you to be able to use the device. All of the major phone carriers in the United States offer competitive phone plans that allow you to get a phone with the best talk, text, and data packages. With some carriers, you can even get top-of-the-line devices for $0 down payment!
The problem is, the best deals are usually limited to people with a good or excellent credit score. This is because phone companies need to ensure that you have the ability to pay for the phone and the service before you get an approval.
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