Why the soaring popularity of bad credit mobile phones?
Before the advent of bad credit mobile phones, approval for a standard mobile phone contract if a person had a poor credit score was an uphill task. Those with a poor credit score were on the receiving end and had to bear the brunt of rejections every time they sought to be considered for a phone contract. However, the heartaches, the disappointments and the embarrassment of rejections became a thing of the past with the unveiling of bad credit mobile phones. Within a few years since the unveiling of bad credit mobile phones, their popularity had hit a crescendo.
Those who initially couldn’t get approved for a mobile phone contract finally had a reprieve. The anxiety that came with applying for a phone contract became a thing of the past. Since then, bad credit mobile phones have grown in popularity every day. What really informed this steady rise? Why do so many people find solace in bad credit mobile phones?
Credit checks are just a mere formality
Before bad credit mobile phones were unveiled, the term “credit score” was dreaded because it meant approval was a 50-50 affair. Those whose credit score was found wanting couldn’t get approved for a phone contract no matter how bad they wanted it. However, with the unveiling of bad credit mobile phones, credit checks became a mere formality for the purposes of determining the right plan for a customer. For this reason alone, bad credit mobile phones continued to grow in popularity.
Guarantee of approval
In the years before bad credit mobile phones became a reality, there was no such thing as a guarantee of approval especially if a person had a poor credit rating. Individuals had to cross their fingers every time they applied for a phone contract and hoped for the best. This became a thing of the past when bad credit mobile phones first broke onto the scene as there was now some level of guarantee every time a person applied for a phone contract.
Opportunity to improve credit score
In the past, improving one's credit score was a difficult undertaking especially with the trouble in securing a phone contract. Most mobile phone providers wanted nothing to do with those whose credit scores were found wanting. However, bad credit mobile phones gave those with an average credit rating a second chance at credit score redemption. The contracts, provided that a person paid timely without defaulting gave countless UK citizens an opportunity to gradually repair their credit score.
The very reason that a person has an unfavourable credit rating does not in any way mean that they can’t have the freedom to choose the type of handset they want. With the unveiling of bad credit mobile phones, individuals could now choose from a wide range of handsets based on their tastes and preferences. The playing ground was finally levelled and those with a poor credit rating could finally have access to the same kind of handsets as those with a good credit score!