30 Day Contracts Question

limitation

When you take out a 30 day Sim Only Contract, Are your payments reported to the credit agencies ? Thanks !

Notmyrealname

Yes. It is a rolling 30 day contract.

Buzby

The contract does NOT roll. It is a standard contract with a 30 day minimum term (AFTER the first 30 days) that continues until you cancel it - preferably in writing. As it is a standard contract, your payment history is reported to CRAs as normal.

grumbler

Buzby wrote: »

The contract does NOT roll. It is a standard contract with a 30 day minimum term (AFTER the first 30 days) that continues until you cancel it - preferably in writing

rolling contract
a contract that continues until someone decides to end it, rather than one that continues until a particular date

http://dictionary.cambridge.org/dictionary/business-english/rolling-contract

All(?) mobile contracts are rolling contracts with a minimum term.

robt_2

Buzby wrote: »

The contract does NOT roll. It is a standard contract with a 30 day minimum term (AFTER the first 30 days) that continues until you cancel it - preferably in writing. As it is a standard contract, your payment history is reported to CRAs as normal.

Which makes it a rolling contract.

Buzby

Try explaining that in court!

The contract does NOT roll - it is a physical impossibility for a start. This forum is full of people convinced their 24 month contract is just that. And in month 25 are gob-smacked to find they are charged. A contract needs to be fixed term to have a a term quantified, not a sloppy use of English that is supposed to mean there's a 24 month minimum term somehow is the SAME as a '24 month contract'. If it was, it would have an finite end date. If it doesn't, then it is not a term contract.

As to the 'rolling' contract. It was BT's introduction of a 'rolling' minimum term - got this to confuse people further, and now outlawed by OFCOM. The contract didn't roll, it continued unchanged, it was the minimum term that renewed. A monthly contract is also misleading, it isn't a contract you can have for a month - the minimum period is actually 60 days, but you can give 30 days notice of your intention to leave.

Let's say what we mean and mean what we say - using misleading terms fools the customer and makes them prone to misunderstanding. Anything I can do to avoid this situation arising, I highlight. I suggest you might be minded to do the same.

grumbler

Buzby wrote: »

... A monthly contract is also misleading, it isn't a contract you can have for a month - the minimum period is actually 60 days, but you can give 30 days notice of your intention to leave.

You can give notice after, say, 10 days and the contract will last 40 days, not 60.

Let's say what we mean and mean what we say - using misleading terms fools the customer and makes them prone to misunderstanding. Anything I can do to avoid this situation arising, I highlight. I suggest you might be minded to do the same.

"Rolling" just means that the contract doesn't end unless you cancel it (unlike a fixed term contract). IMO it's perfectly clear.