IF you’ve applied for a new phone contract and been turned down don’t panic you still have options.
Many customers don’t realise that taking out a new phone contract is a form of borrowing.
As a result big mobile networks like Vodafone, O2 and Three run hard credit checks to make sure customers can afford to meet their monthly bill payments.
This is bad news for those who have a poor credit history or low credit score.
This could be from having little previous history of borrowing, or marks on your record from missed payments, for example.