Is GiffGaff refurbished phone, credit?

beckysheffield

I need to build up credit and a new phone.

https://www.giffgaff.com/mobile-phones/apple/apple-iphone-7-refurbished/phone-details

This looks promising. If I pay £200 today, and have a low monthly cost, but 18% APR, will it help my credit?

I have no job, haven’t lived in the UK for a long time etcc.

I would like the new iPhone, would I be able to get a phone at Carphone warehouse etc?

glentoran99

You have no job, you cant afford a new iphone

beckysheffield

glentoran99 wrote: »

You have no job, you cant afford a new iphone

Thanks dad.

But yes I can. I can afford to buy several outright, and some more....

[Deleted User]

Buy it outright.

Carry an interest bearing small debt tells lenders you're struggling.

beckysheffield

Deleted_User wrote: »

Buy it outright.

Carry an interest bearing small debt tells lenders you're struggling.

Ok cool thanks.....

So how am I going to get credit history if I can’t get it on the small needs I need lol.

[Deleted User]

Have you tried a credit card?

beckysheffield

Deleted_User wrote: »

Have you tried a credit card?

Not yet.

Was looking for advice (on a previous thread).

[Deleted User]

Get a card - any card - use it and clear in full each month.

glentoran99

beckysheffield wrote: »

Not yet.

Was looking for advice (on a previous thread).

https://forums.moneysavingexpert.com/showpost.php?p=73685498&postcount=2


5 months ago, the best advice was the first reply

beckysheffield

glentoran99 wrote: »

https://forums.moneysavingexpert.com/showpost.php?p=73685498&postcount=2


5 months ago, the best advice was the first reply

Thanks.

I was thinking that multiple credit would be good?

What’s the point of paying of a credit card in full every month..... I don’t see how it’s any better then sticking to a monthly budget which most of us do? Would the people offering me a mortgage see that on their computer or is it what I tell them?

What about a phone contract, good credit history? Or is a credit card all I need?

glentoran99

beckysheffield wrote: »

Thanks.

I was thinking that multiple credit would be good?

What!!!8217;s the point of paying of a credit card in full every month..... I don!!!8217;t see how it!!!8217;s any better then sticking to a monthly budget which most of us do? Would the people offering me a mortgage see that on their computer or is it what I tell them?

What about a phone contract, good credit history? Or is a credit card all I need?

Paying it off in full shows good management of credit and no interest, "People offering a mortgage" will see your credit history,