Phone for credit?

co2laser

I am looking to save money and as I only use a mobile phone that is on a contract, I am thinking of cancelling my home telephone. My question is someone once told me a home telephone number helped in credit applications is this true?

Apples2

It can be an advantage.

Anything which makes you look like Roy Cropper on Corro will be in your favour.
Nobody can say for sure as the credit scoring lenders use is as secret as the recipe for coca cola.

Is that worth spending £12 a Month for? who knows, depends what else is going in your favour balanced against the bad stuff.

co2laser

Thanks for your time Apples2.

SnowTiger

co2laser wrote: »

I am looking to save money and as I only use a mobile phone that is on a contract, I am thinking of cancelling my home telephone. My question is someone once told me a home telephone number helped in credit applications is this true?

IIRC some online forms I've filled out - can't remember if they were for credit or not - have insisted I add a home phone number.

You can get a free geographic 01 or 02 type number from VOIP providers such as Sipgate.

You could record an outgoing message on it asking callers to call your mobile and have any messages that are left forwarded to you by email.