Credit scores are used by lenders to determine credit worthiness based off various credit score ranges. Learn what the different ranges are and what they mean.
How do I check my credit score? Checking your credit score is a good idea. It lets you know where you stand and find out what sort of problems are preventing you from taking out a pay monthly phone contract. In some instances, missing details or an incorrect piece of information on your...
When you sign up for a SIM-only contract you’ll be sent a new SIM card which you put into your exiting phone. How can a SIM-only contract help your credit score? Many mobile phone companies don’t conduct credit checks for a SIM-only contract, as the term length is less ...
In a nutshell, your credit score is an indication of how financially healthy you are and the potential likelihood of being accepted for a loan, a credit card, a mortgage or a mobile phone contract. Lenders assess your future behaviour based on your past. Your credit score shows how a typic...
Sadly, if your credit score isn't great, the operator you've chosen may deny you the chance to get the phone you want on contract. So what do you do? There are both short and long term solutions here, but there is one big rule: ...
You’re making payments on time. If you haven’t taken out credit before, you could build up your payment history by paying a mobile phone contract and utility bills in your name. The steps above confirm your identity and show lenders you can reliably meet your financial obligations which is...
“I have now been approved for a credit card and phone contract with Wollit’s help which I’m so grateful.” Jordan, 10 months with Wollit Your credit journey in safe hands Backed by a global bank and leading financial investors—like BBVA, Anthemis Group, and Fuel Ventures—we’re her...
Your credit report is your life. Without it, your choices are limited. Everything from applying for a mortgage or a loan, getting a mobile phone contract, internet packages, car insurance and more are all affected by how good your credit rating is. ...
your premium is likely to be higher if you have bad credit. Other service providers, like cell phone companies, use your credit report to determine whether they will give you a contract or what kinds of contract they will offer you. Some employers are using credit histories to help them dec...
it also impacts getting amobile phone contract. A high credit score gives you more flexibility in choosing how you want to finance your phone, such as on a contract basis with lower upfront costs. On the other hand, a lower credit score might restrict you to pay-as-you-go options, whic...