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Credit rating

simon_says_3
simon_says_3 Posts: 184 Forumite
in Mobiles
Hello,

If i have more than one/two contracts all in my name from the same account, would this effect my credit rating for future contract purchases?

Thanks in advance

Comments

  • drbesty
    drbesty Posts: 967 Forumite
    Aslong as you keep paying them you can have as many contracts as you like
  • DarkConvict
    DarkConvict Posts: 6,347 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Its not going to affect you badly, if anything it would help so long as you do not miss payments
    Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.

    There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies
  • [Deleted User]
    [Deleted User] Posts: 2,175 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Name Dropper
    drbesty wrote: »
    Aslong as you keep paying them you can have as many contracts as you like
    Not true. Just like credit cards, you'll start getting declined if you have too many.
  • simon_says_3
    simon_says_3 Posts: 184 Forumite
    right. i already have a phone contract, and wish to start another soon, do you think it would affect me in any way i.e. drop my credit rating. I don't expect to buy five or six contracts, let's just stick with two.

    Sorry to re-phrase my question abit, as I received multiple answers.
  • ukbill69
    ukbill69 Posts: 2,790 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    I have 2 on go and now today have another making it 3. My credit rating is not that good anyway and this didnt seem to matter.
    Kind Regards
    Bill
  • simon_says_3
    simon_says_3 Posts: 184 Forumite
    ukbill69 wrote: »
    I have 2 on go and now today have another making it 3. My credit rating is not that good anyway and this didnt seem to matter.
    ok thanks alot, i should be starting my new contract soon.

    thanks for your help people.
  • ukbill69
    ukbill69 Posts: 2,790 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    simon_says wrote: »
    ok thanks alot, i should be starting my new contract soon.

    thanks for your help people.

    personal phone, business phone, office phone.
    Kind Regards
    Bill
  • simon_says_3
    simon_says_3 Posts: 184 Forumite
    ukbill69 wrote: »
    personal phone, business phone, office phone.
    personal mobile phone contract
This discussion has been closed.
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