When you have a poor credit score, getting a phone contract can be a challenging task. Most network providers will conduct a credit check to assess your financial eligibility before approving your application. However, having bad credit doesn`t necessarily mean that you can`t get a phone contract. In this article, we will explore some options for those asking, “who will give me a phone contract with bad credit?”
1. SIM-Only Plans
SIM-only plans are a great option for people with bad credit. These plans don`t require you to buy a new phone, so the credit check is not as stringent. Additionally, they are usually cheaper than traditional phone contracts. SIM-only providers like Giffgaff, Three, and Virgin Media offer flexible plans that cater to different needs and budgets.
2. Pay-As-You-Go Plans
Pay-as-you-go plans are another viable option for people with bad credit. This type of plan is based on a prepayment system, meaning you pay upfront for your usage. With pay-as-you-go, there`s no contract, and no credit check is required. Providers like EE, Vodafone, and O2 offer pay-as-you-go plans with different tariffs and bundles to suit varying needs.
3. Guarantor Contracts
If you have a guarantor willing to vouch for you, you can apply for a guarantor contract. This type of contract requires someone with a good credit score to co-sign your application and be liable for the payments in case you default. Although it`s not a popular option, some providers like iD Mobile and Virgin Media offer guarantor contracts.
4. Sim-Free Phones
Another option for people with bad credit is to buy a sim-free phone and use it with a pay-as-you-go or SIM-only plan. This way, you can spread the cost of the phone over time and avoid the upfront expense of buying a new phone. Retailers like Carphone Warehouse, John Lewis, and Amazon offer a vast range of sim-free phones to choose from.
In conclusion, having bad credit doesn`t mean you can`t get a phone contract. There are several options available, including SIM-only plans, pay-as-you-go plans, guarantor contracts, and sim-free phones. Consider your individual needs and budget when choosing a plan and always read the terms and conditions before signing up.