Is there a minimum credit score needed to purchase a cell phone? While there is no minimum credit score that will ensure a cell phone contract approval, providers may use your score to assess creditworthiness. A higher score may help you secure more preferable options.
There's no standard minimum credit score needed for a cell phone contract. The guidelines for a good or bad credit score rating are typically: 600 and above is good; 700 and above is great. A number of factors can impact your credit score, either negatively or positively, and your score is always subject to change.
There's no minimum credit score to get a mobile phone contract. But your contract provider will look at your credit report to make a decision on whether they will accept you as a customer. This decision will be based on the details of your credit report and the specifics of the deal they're offering.
There isn't a minimum credit score required to get on a phone plan, but your options do get more limited as your credit score decreases. Those without good credit may need to pay a security deposit to sign up for certain plans.
The credit score you need for the Verizon Credit Card is 700 or better. That means people with at least good credit have a shot at getting approved for this card.
Other options with no credit check
Verizon, T-Mobile and AT&T each offer multi-line cell phone plans with shared or unlimited data.
At a Glance:
Phone companies consider a credit score below 600 as “bad” credit, although specific criteria may vary. For example, Sprint considers a credit score of 700 and above as “excellent” and anything below 550 as “fair.” AT&T may require a deposit for credit scores below 600.
Lower-cost phones mean smaller instalments, so the credit provider is more likely to let you continue with the contract despite a bad credit rating. If, however, you want a new, expensive phone, you're more likely to be rejected because the provider may not trust that you'll pay on time.
T-Mobile also offers prepaid plans, which do not require a credit check at all, providing an excellent option for those who want to avoid any potential hurdles. Another cell phone company that stands out for its easy approval process is Boost Mobile.
What Credit Score Do You Need to Finance an iPhone? You'll generally need a credit score of at least 600 to qualify for iPhone financing. This requirement could be different for other carriers, though, and you could be approved if there are other factors that compensate for the lower score.
We run a credit check to verify your identify and determine eligibility for service financing. Your security is our priority. We have enhanced our processes to protect your identity when running a credit check.
You'll have to: Review the charges associated with any service or wireless plan, installment plan, or add-ons. Be required to complete a (and have a satisfactory) credit check.
Yes, a credit check will be required in order to get wireless service with AT&T. This is required of all of our postpaid customers. If this is a concern, you can start an AT&T PREPAID account. These accounts do not require a credit check.
Hard credit checks are often completed when a company is: Lending to you, e.g. for a mortgage, loan or credit card. Providing a service, e.g. a mobile phone contract, utility supply or rental property.
Failing a credit check
Sometimes, the data we find on a credit check doesn't meet our criteria. Although that means we can't give you a Pay Monthly plan, you can still join us on Pay As You Go. There maybe a specific reason why you may be failing a credit check, such as not living in the UK for 3 years or more.
Down Payment & Monthly Billing
Down payments depend on the chosen device and your credit qualifications. Your down payment is due immediately and won't be reflected on your T-Mobile bill. For lower monthly payments, make a bigger down payment by calling us or stop by a T-Mobile store.
You must be a Verizon Wireless customer who is the Account Owner or an Account Manager and have 12 phone lines maximum (depending on plan) on your wireless account to be eligible to apply for the Verizon Visa Card. Upon credit card approval, all new card holders will receive a Verizon Visa Signature Card.
We'll run your credit before you confirm your order.
For both new and existing members, we'll run a soft credit check at the time of checkout. Don't worry, this has no impact on your credit score. New members can purchase online. As an existing member, you'll see the option to upgrade in the Boost Infinite app under your account.
Prepaid Plan for Cell Phones
If you want one of these plans, you will need to buy a cell phone and a separate prepaid card. Prepaid cards come in various prices and offer unlimited talk, text, and data. If you have a low credit score, you may prefer the convenience of a prepaid plan.
Even if you're not purchasing a phone along with your plan, however, most cell phone companies will conduct a hard credit check (especially if you're a new customer).