Why was I accepted for a new contract?

arminb

So basically I've just been accepted for a 51/month contract with Three despite of having a 1/5 star credit rating (Experian). My credit rating is because of missed payments when I was on a contract with T-mobile and failed to pay my bills for 3 months in one instance, 2months and 1 month on another instance but I dont owe them anything now. I came up with three theories for that:
1. Other companies(EE, Tesco, giffgaff and O2) refused me a couple of days ago because I had two contracts (36/month each) at the time but today one of them ended and I paid the cancellation charge. Now that I have one contract I seem more likely to be able to pay my bills and other lender would have accepted me. I also just pad my outstanding balance with T-mobile before placing the order

2. Three is really an irresponsible lender and just wants the money without considering whether people can afford their bills.

3. Because I ordered online, their credit check wasn't as stringent as it would in a store and that was the reason why I was accepted

Fruit_and_Nut_Case

Three don't know that you have a 1/5 star credit rating.

redcard

How much compensation do you want?

Thrugelmir

arminb wrote: »

3. Because I ordered online, their credit check wasn't as stringent as it would in a store and that was the reason why I was accepted

What form did the confirmation take?

arminb

Fruit_and_Nut_Case wrote: »

Three don't know that you have a 1/5 star credit rating.

but they do perform credit checks dont they? Why was I rejected by O2, EE, Tesco and giffgaff then? I am not arguing I am just asking by the way. Out curiosity

arminb

Thrugelmir wrote: »

What form did the confirmation take?

There was just a tick on top of the page saying credit check complete. I thought I was rejected but I then called them and they said all checks have been performed and you will receive your phone by Wednesday.

Fruit_and_Nut_Case

arminb wrote: »

but they do perform credit checks dont they? Why was I rejected by O2, EE, Tesco and giffgaff then? I am not arguing I am just asking by the way. Out curiosity

Almost certainly yes, through one or more of the agencies. They just see the raw data, not the agencies' interpretations of the data.

Monkeyballs

A 51 month contract??? Wow, I thought 24 month was too long LOL

MB

arminb

Monkeyballs wrote: »

A 51 month contract??? Wow, I thought 24 month was too long LOL

MB

51 pounds per month

Monkeyballs

LOL, phew! That makes much more sense (if quite steep).

Thanks,

MB

suse*

You seem to have posted the same thing twice?

https://forums.moneysavingexpert.com/discussion/comment/66732503#Comment_66732503