As customers continue to struggle with their mobile phone contract application because of bad credit, providers came up with a handy solution in the form of guaranteed mobile phone contracts. As the name suggests, approval for such applications are often guaranteed no matter what your credit score may be. If you have a poor credit score because of your history of default or CCJ, this makes guaranteed phone contracts ideal alternatives to a standard phone contract deal.
But first, here’s a quick guide to guaranteed phone contracts so you know what you’re getting into before you sign a deal.
What are guaranteed phone contracts?
Guaranteed phone contracts work just like a typical phone contract deal. This means that you get to choose a handset from your provider’s selection offers in addition to your phone tariff. The phone tariff will include allocations for your calls, texts and data. Like with any phone contract, you’ll be paying a fixed monthly fee over a 24-month term. Once the term has ended, the phone is yours and has been fully paid off. You can then opt to upgrade to a better plan or package if preferred.
Who are guaranteed phone contracts for?
Guaranteed phone contracts are specific for customers who have a bad credit history. If you’ve ever been rejected a phone contract deal because of your credit score, this is where guaranteed phone contracts become an ideal alternative. Even if you’ve been rejected multiple times by a major carrier, you can rest assured that you’ll get approved fast when you apply for a guaranteed phone contract no matter your credit score. Just make sure you can provide proof of income to convince your potential provider to take a risk on you.
What are the requirements?
The requirements when applying for a guaranteed phone contract include just the basics. You must be of legal age and a UK resident to be eligible. You also need to provide basic documents such as proof of identification, proof of billing address and of course, proof of income. If you can prove that you have a steady income that can handle the fixed monthly fee, your phone contract application can get approved within hours. There’s no need to worry about your bad credit score since providers of these deals no longer run credit checks on applicants.
How to apply for a guaranteed phone contract?
If you’re ready to apply for a guaranteed phone contract, online is a convenient place for customers to find the best phone deals available in the market today. There’s no need to leave the comforts of home to avail this kind of deal. You just need to complete the online application form, choose your handset and phone tariff then wait for approval. If there are no problems with your requirements, approval can be confirmed within hours up to a day. Once approved, the pre-activated phone will be delivered to your address, which you can receive in 24 to 48 hours.