Is there a credit check involved in getting a guaranteed phone contract?

Asked a year ago
Yes, there is a credit check involved in obtaining a guaranteed phone contract. While guaranteed phone contracts are designed for individuals with poor credit or no credit history, the credit check is still necessary to assess the applicant's creditworthiness. However, unlike traditional phone contracts, the credit check for guaranteed contracts is often less stringent. The focus is usually on affordability and the ability to make regular monthly payments rather than solely on credit scores. This allows individuals with less-than-perfect credit to have a higher chance of being approved. The main aim of guaranteed phone contracts is to provide access to mobile phones and services to those who may have otherwise been declined by mainstream providers due to their credit history.
Adam Goldkamp is the editor / author responsible for this content.
Answered May 3, 2024

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