Bad Credit Mobile Phone Contracts | badcreditmobileukbadcreditmobileuk
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Bad Credit Mobile Phone Contracts

mobile phones for bad credit

One recurring question I get asked by everyone is: “what are contract phones with bad credit like? Is there a difference between normal mobile contracts and contract mobile phones with bad credit? ”

Here at bad credit mobile phones we specialise in mobiles for bad credit and I can tell you, in most cases there is no difference at all. In some cases some of our customers have been successful when applying for the mobile operator’s premium tariffs (£35+).

The biggest problem I have found with bad credit applicants is the applicants themselves.

Applicants either believe one of two things:

a) that they have no options at all, they think believe because they’re in bad credit they should accept any old rubbish (be it phone and or tariff) or

b) they are totally unrealistic, they do not understand that they pose a financial risk to the mobile operators and they apply for all the top deals and phones (ending up being rejected each time) So today I am going to show you what deals and phones are available to you by risk type, here is a quick list to get you excited:

HTC Desire S, HTC Wildfire S Black, Samsung Galaxy Ace, HTC Cha Cha, HTC Wildfire S White, LG Optimus Black, Motorola defy, Nokia E5, Sony Ericsson Xperia Neo, Samsung Galaxy S Black, Blackberry 9780, HTC Cha Cha White, Blackberry Curve 9300 Grey

But before that, we will look at each of the different risk types so you know which risk type you fall into.

So you’re after your contract phones with bad credit, the first thing you need to understand is the bad credit risk type you are. You become a bad credit risk after a credit check has been run on you (when applying for credit today, everyone runs a credit check).

There are 5 elements your credit risk is judged on; your payment history, your current debt, your time in file, your account diversity and your recent searches for credit. From these five elements you’re rated as a high medium or low risk applicant. So what are you?

If you’re a high risk applicant, you will have a poor payment history, over the last 24 months you will have missed payments regularly on a number of different credit facilities. You will also have amassed a serious amount of debt (even without a mortgage or car, you could have in excess of £10,000) your time in file will probably work in your favour, as you have been on there for quite a few years, but your account diversity may no longer be very good due to the fact some/many of your credit facilities have been cancelled due to missed payments.

Your recent searches for credit have been unsuccessful, every time you seem to apply you seem to get rejected (you could have fallen into the dreaded rejection spiral; every time you apply you get rejected and it effects/damages the next time you apply). We always advice our high risk customers to only apply for monthly contracts under £15, as we know from our research that anything over this threshold will mean the mobile operators will reject your application. So if you’re looking for your contract mobile phones with bad credit remember this figure.

If you’re a medium risk applicant, you will have a colourful payments history, you will have at some stage (and probably more than once or twice) missed payments, however over the last 9 months you have got your finances in order and you no longer are missing your repayments. You have debt (it could be a similar level to that of the high risk applicants) but your monthly income is more than covering your debt repayment and you’re now starting to see your debt decrease.

Your time in file and account diversity is good, you probably have a number of credit facilities now, you could have a one or two store cards, maybe broadband, sky and a gym membership. Also your recent searches for credit have been successful. So if you’re looking for your contract mobile phones with bad credit we advice our medium risk customers to apply for mobile contracts £25 and under, again from our research we know that anything over this point will mean a failed application.

So finally looking at Low risk applicants, you’re doing OK now. Your payments are in very good order (they might have been bad at one stage but we’re looking at 12-18 months ago now) your debt is shrinking significantly as your income more than covers your monthly debt repayments (so much so that you have money to cover the cost of monthly mobile contract) time in file and account diversity are both very good, again you will have similar credit facilities to that of a medium risk applicant (sky, gym, broadband, store cards etc) and you always seem to be accepted when applying for credit recently.

As a general rule we recommend that our low risk customers apply for contracts £35 and under, however saying that some of our ultra low risk applicants have been accepted on a few more expensive (iphone 4) contracts, but please remember they had their finances back in perfect order, but there are a lot of good options open to you.

OK, so now you will know which risk type you fall into, now let’s show you what mobile Phones with bad credit are available to you. We work with Orange, Vodafone, T-mobile and Three because we believe bad credit applicants have the greatest success with them. We will recommend tariffs by each operator and show which phones are available to you.

So looking at high risk applicants first, as I mention already, look at £15 as your monthly price threshold as anything over this will be rejected.

Three: Text 100 plan, 100 minutes, 500 texts, 500mb of internet data, between £13 and £15
T-mobile: 10.21 plan, 100 minutes, 100 texts, internet access, £10.21
Vodafone: 10.50 plan, 100 minutes and 500 texts for £10.50
Orange: Dolphin 15 plan, 100 minutes, unlimited texts and internet access for £15

Phones include: Blackberry Curve 9300, Sony Ericsson Xperia X8, Samsung Galaxy Gio, Blackberry Curve 8520, Nokia C2-01, Nokia C3 touch & type, Nokia C5-03, Samsung Monte, Emporia RL1, Nokia C3 Pink, Nokia C3-01, Nokia C3 Slate, Samsung Monte Pink, Nokia 6303, Samsung Solid Slate, Samsung Galaxy Ace S5830, Samsung Galaxy Pro Black, ZTE Racer White, Samsung, S3370 Silver

We rate T-mobile and Three as the best options for high risk applicants. T-mobile are the best operators for approving high risk applicants, and we rate Three as overall the best operator for people with bad credit.

Next up we will look at medium risk applicants first, as I mentioned already, look at £25 as your monthly price threshold as anything over this will be rejected.

Three: Talk 900 plan, 900 minutes, 900 texts, 1GB of internet data, between £20 and £25
Vodafone: 20.50 plan, 500 minutes, unlimited texts, 750mb internet access for £20.50
T-mobile: 20.42 plan, 600 minutes, 500 texts, and internet access for £20.42
Orange: Dolphin 25 plan, 300 minutes, unlimited texts, internet access £25

Phones include: HTC Desire S, HTC Wildfire S Black, Samsung Galaxy Ace, HTC Cha Cha, HTC Wildfire S White, LG Optimus Black, Motorola defy, Nokia E5, Sony Ericsson Xperia Neo, Samsung Galaxy S Black, Blackberry 9780, HTC Cha Cha White, Blackberry Curve 9300 Grey

We rate Vodafone and Three as the best options for medium risk applicants. Vodafone are the best operators for approving medium risk applicants, and we rate Three as overall the best operator for people with bad credit.

Finally, we will look at low risk applicants first, as I mention already, look at £35 as your monthly price threshold as anything over this will be rejected.

Three: One Plan, 2000 any network minutes, 5000 three-to-three minutes, 5000 texts, unlimited internet access, £30+

Orange: Panther 35 plan, 1000 minutes, unlimited texts, unlimited internet access, £35
T-mobile: 30.64 plan, 900 minutes, 500 texts, and internet access for £30.64
Vodafone: 34.00 plan, 900 minutes, unlimited texts, 750mb internet access for £34.00

Phones include: Motorola Atrix, Blackberry Bold 9780 Black, HTC Desire HD, Nokia N8, Sony Ericsson Xperia Arc, Samsung Galaxy S II, HTC Sensation, Blackberry Torch 9800, HTC Sensation, Blackberry torch 9800, LG Optimus 3G, Sony Ericsson Xperia play
iphone 4 16gb black.

We rate Orange and Three as the best options for low risk applicants. Orange are the best operators for approving low risk applicants, and we rate Three as overall the best operator for people with bad credit.

So there is my answer to that one recurring question, Contract Phones with bad credit are pretty good. Dependent on your financial situation your contract mobile phones with bad credit could end up being one of the top mobile phones on the market. Contract Phones for bad Credit are no longer the bargain bucket offer, the operators now understand this marketplace and they have some cracking deals waiting for all of us.