Are bad credit mobile phones simply meant for individuals with bad credit?
Even with all the information on the internet, there are still some individuals who have misconceptions regarding bad credit mobile phones. It is not unusual to hear people stating pure lies and get away with it based on the level of ignorance among the general public. One of the fallacies being bandied around is that bad credit mobile phones are unilaterally designed for bad credit people. However, this is misinformation and an incorrect assumption.
Though bad credit mobile phones were inspired by the plight of less than average credit score individuals, it would be wrong to blankly state that the phone contracts are meant only for individuals with a less than average credit score. Truth be told, any individual is free to make an application for a contract phone for bad credit irrespective of their credit score. However, those reeling from a low credit score benefit the most from bad credit mobile phones. This however, does not mean that only they can apply for this kind of phone contract.
Bad credit mobile phones have from inception proved beneficial to individuals with no credit history to their name. As you already probably know, not having a credit history to your name is just as bad as having a bad credit history. Financial lenders and mobile phone providers fail to approve applications from such individuals as they deem them a security risk since they have no way of determining their credit worthiness.
In that regard, individuals with a clean slate or rather those with no credit history to their name find solace in bad credit mobile phones. The principle of no credit checks makes them the perfect option for individuals that have never taken out a loan before. In essence, bad credit mobile phones have been found to be quite useful for UK individuals seeking to build their credit score from scratch.
Truth be told, credit checks have been a deal breaker for scores of the UK population with a worse credit score. Some have even developed depression simply because of the incessant rejections when they apply for a loan or a phone contract. It is perhaps for this reason that bad credit mobile phones continue to enjoy great popularity among UK citizens reeling from the nightmare of a poor credit score.
To sum it up, the belief that bad credit mobile phones are only for those with a less than average credit score is wrong. In fact, it is correct to say that everyone can apply for this type of contract if they so wish.