What is a contract phones?

These are phones that are offered to you by your mobile network provider at the agreement that you will buy a particular data, minutes and messages package for a specified amount of time. It’s a great way to get a new phone.

What is a SIM only deal?

A SIM only deal is when you purchase a specific bundle package of data, minutes and messages without a handset.

Why is it important to know my credit score?

Your credit score is what lenders use to determine your creditworthiness. There are several factors that are used to calculate a person’s credit score. The most common being your credit history. It is important to know your credit score because it will inform you of the likelihood of receiving a certain loan or credit. The good news is if you want a phone contract and have bad credit, you still have options.

What are my options if I have bad credit and want a phone contract?

Having bad credit doesn’t mean you cannot get the phone you desire, you still have options. There are no credit check contracts and SIM-only contracts. No credit check contracts however only apply to low-end phones. If you have been eying a high end mobile phone like iPhone 7 or Galaxy S8, you should consider a SIM-only contract. With a SIM-contract, you can expect to receive an offer from your mobile network in 12 weeks. That may seem like a lifetime but it is much better than reapplying for a phone contract and getting rejected

What are some of the things that lead to a bad credit score?

There are several things that lead to a bad credit score. They include: Having a credit history marred with late payments. Another cause is having no house. The fact that you have no permanent residence could also affect your credit score.

How can I improve my credit scores?

Your credit score will not magically improve. To improve it ensure that you pay your bills in a timely fashion. Also by reducing your debt you will have a positive influence on your credit score.