Will signing up to a phone contract affect my credit rating ?

sidneyyoungblood

Just received a message to say my rolling monthly contract will increase from 7.50 - £13.50 next month , I have seen cheaper deals out there but concerned that l signing up to a contract affect my credit rating as next month I am getting all my files together to see if I can get a mortgage.

If I stick with EE and try to haggle lower will this mean a new credit check will be done ?

Currently on EE paying around £7.50 for unlimited Data / Text with 12gb of data which is enough for me .

any help would be appreciated.

sidneyyoungblood

Will signing up to a contract affect my credit rating as next month I am getting all my files together to see if I can get a mortgage.

Currently on EE paying around £7.50 for unlimited Data / Text with 12gb of data which is enough for me .

MattMattMattUK

sidneyyoungblood said:

Just received a message to say my rolling monthly contract will increase from 7.50 - £13.50 next month , I have seen cheaper deals out there but concerned that l signing up to a contract affect my credit rating as next month I am getting all my files together to see if I can get a mortgage.

If I stick with EE and try to haggle lower will this mean a new credit check will be done ?

Currently on EE paying around £7.50 for unlimited Data / Text with 12gb of data which is enough for me .

any help would be appreciated.

Yes it will, but the good news is your credit rating is totally meaningless, no lender ever sees it. 

Choose whichever package suits you most, your potential mortgage lender will not care in the slightest that you have signed up for a £7.50, £13.50 or even £40 phone contract. 

elsien

Duplicate thread. It really is better just to stick to one, in line with forum rules. 

https://forums.moneysavingexpert.com/discussion/6620763/will-signing-up-to-a-phone-contract-affect-my-credit-rating#latest

Brie

Ring up EE and tell them you are planning to switch as you can get the same or better contract with X company for £Y amount.  Ask if they will match it.  

You mortgage company will only care if you have been missing a lot of payments not that you have a new contract with someone, even if it's a new one with EE.

Frozen_up_north

If you want to go “non contract” with the EE network, £10 per month with 1p Mobile gets you 50 GB of data, unlimited mins/texts and EU roaming with 14 GB of data. This is on a 30 day basis and no credit checks.