How To Get A Cell Phone Contract If Your Phone Is Blacklisted
More people today are dealing with financial issues more than any time throughout the last decade. Although the national economy may look more powerful than a couple of years ago, a large number of households and individuals are having difficulty making ends meet. If you would like to take out a brand-new cellphone contract but can’t due to bad credit, you shouldn’t lose hope!
Cell phones are changing fast. Easily the most popular handsets a few years ago now seem unwanted and archaic. To have accessibility to recent technology as well as apps it is very important to be able to upgrade your phone on a regular basis.
It isn’t that difficult to know whether due to your past handling of loans and other forms of credit you have been blacklisted. There are official checks you can make to explore your status in the eyes of creditors and lenders, though most people would already be aware if they have a black mark associated with their name. Taking out a new cellphone contract is some no different than obtaining a loan, your credit report would first be analyzed before approval is given.
A normal phone is not going to be willing to offer you a contract and a new handset if they believe that you are at risk of missing your payments. When you consider the cost of most new phones these days, a retailer would stand to lose a lot of money should you not be able to fulfill your obligations on time each month. It is because of this that people who are blacklisted find it difficult to gain approval for a cell phone contract.
The good news there are a few ways to get around this. There are companies that specifically deal with individuals wanting phones and who have bad credit. As a sizable portion of the population have debt related problems, and as cellphones have become an almost essential item, there are services that can be explored.
When blacklisted, it is now possible to obtain a cellphone contract by offering to set down a deposit. This serves as a form of a guarantee to cover outstanding debts. Another option would be to sign up for a prepaid deal. Though calls, text message, and data usage costs would be higher with a pre-paid plan, it would be impossible to get into debt.
If you credit is good but the phone is blacklisted, that is a separate issue altogether. We hope to post about that soon. In the meantime, make sure your check your imei on some free sites to make sure it is not reported lost or stolen.