T-Mobile and EE - Credit Reporting

Jaywilz

Hi Guys,

I was one of the people who as many signed up for an iphone 5 on T-Mobile after which they said I could easily switch it to EE once 4G had arrived.

Cutting a long story short thats what I did, the only problem Im seeing is that 5-6 months later I have now seen that EE have appeared on my credit report as a new credit account, which will obviously take a hit to my credit score.

I was just wondering has this happened to anyone else and is there anything I can do about it ??

grumbler

Jaywilz wrote: »

... EE have appeared on my credit report as a new credit account, which will obviously take a hit to my credit score.

Why would it - even ignoring that the old account is likely to get closed?

oopsadaisydoddle

Jaywilz wrote: »

Hi Guys,

I was one of the people who as many signed up for an iphone 5 on T-Mobile after which they said I could easily switch it to EE once 4G had arrived.

Cutting a long story short thats what I did, the only problem Im seeing is that 5-6 months later I have now seen that EE have appeared on my credit report as a new credit account, which will obviously take a hit to my credit score.

I was just wondering has this happened to anyone else and is there anything I can do about it ??

Why will your credit score take a hit? Have T-Mobile stopped reporting now?

Also, they don't show as a credit account as far as I'm aware, more a 'service' account and, as long as your payments are up to date, should make no difference to your so-called credit score.

Jaywilz

grumbler wrote: »

Why would it - even ignoring that the old account is likely to get closed?

Its coming up as a new account opened and so the age of my credit file is shorter

mightymole

T-mobile is owned by EE the same company who own orange they have merged the 2 companies and called it EE.assuming you are a contract customer it way it will hit yuor credit score is id you default and dont make a payment, if you keep payments upto date surely it will improve your credit score

Jaywilz

oopsadaisydoddle wrote: »

Why will your credit score take a hit? Have T-Mobile stopped reporting now?

Also, they don't show as a credit account as far as I'm aware, more a 'service' account and, as long as your payments are up to date, should make no difference to your so-called credit score.

T-mobile are still reporting at the moment but I dont know if that will stop in the future and I guess im just going to have to wait that bit longer before I apply for that AMEX or First Direct Account

grumbler

Jaywilz wrote: »

Its coming up as a new account opened and so the age of my credit file is shorter

You are wrong. The age of you file cannot be affected by this.

Jaywilz

Thanks Guys maybe I'm just reading too much into whats on experian at the moment