How does no credit check mobile phones differ from ordinary mobile phone contracts?
Chances are that you’ve asked yourself this question a couple of times. Well, if that’s the case, you need not worry as this article is going to shed light on some of the differences between the two in the hope that you make an informed decision. For starters, let’s categorically state that both are designed to help individuals get access to a phone contract. The differences between the two can be narrowed down to the following.
Ordinary mobile phone contracts have better perks or benefits as compared to no credit check mobile phones. What this essentially means is that a person with a good credit score and on an ordinary mobile phone contract enjoys more minutes, text messages and data bundles in any given month. The same cannot be said of a person on a no credit check mobile contract. They usually get fewer minutes, data bundles and text messages as compared to one with an ordinary mobile phone contract.
It is imperative to note that credit checks in the UK are mandatory prior to being approved for a phone contract. While approval for an ordinary mobile phone contract is dependent on your credit score, the same cannot be said of no credit check mobile phones. Basically, credit scores play no role in the decision for ultimate approval or rejection for a person applying for a no credit mobile phone contract.
The rule of thumb is that those applying for high end handsets under no credit check mobile phones have to make a small upfront payment before they can be approved. This is simply a security measure aimed at reducing the risk on the part of the mobile phone provider. However, the same cannot be said of a person with a good credit history applying for a high end phone under standard mobile phone contracts.
Length of contract
It is imperative to note that the length for which a person can be locked in a contract differs greatly for a no credit check mobile phone contract and a standard mobile contract. Those applying for a no credit check mobile phones must be locked in for a period not less than 18 months. The maximum period is of course dependent on the applicant. The same cannot be said of a person under an ordinary mobile phone contract as they can be locked in for a minimum of 6 months and the maximum is also dependent on how long they want to be locked in.