AndroidSamsung Galaxy S8Posted:

Status: Offline
Joined: Feb 02, 20126 Year Member
Posts: 333
Reputation Power: 12
I'm a 20 year old who is at the moment saving for a mortgage so I'm living at home with my parents. I found a great deal on a S8 for £27.99 a month and £90 up front on a website. Later that day after I paid for it the company I bought it from said EE had declined my application. I assume it is due to credit rating however how are you supposed to improve your credit rating when I can't even get something as insignificant as a phone. I earn roughly £1500 a month too and have done for the past year so that shouldn't be the issue.

The Following 1 User Say's Thank You to JordanHarnett For This Useful Post:

6GA (01-29-2018)
#2. Posted:
  • Winter 2016
Status: Offline
Joined: Aug 21, 20161 Year Member
Posts: 413
Reputation Power: 30
I would say open a credit card with a limit that you feel comfortable paying. I started with 500$ and now they pushed the limit to 1500. Credit goes up which stores are looking for.
#3. Posted:
  • All Time High
Status: Offline
Joined: Jan 16, 20126 Year Member
Posts: 11,447
Reputation Power: 3218
Motto: Discord
Open up a few credit cards mate, as you live at home like me you wont have many debts coming out. So credit cards believe it or not will improve your credit rating the fastest i would say. Doesnt have to be alot, just like $100 - $500 maybe will work.
#4. Posted:
  • All Time High
Status: Offline
Joined: Jul 09, 20143 Year Member
Posts: 3,007
Reputation Power: 723
Open a Credit Card that has a limit that you can actually pay back.

You don't want your credit getting all messed up. Trust me.
#5. Posted:
  • E3 2017
Status: Offline
Joined: Oct 17, 20134 Year Member
Posts: 10,963
Reputation Power: 685
Credit card and get some more simple bills in your name to build your credit first or get a co-signer.
Users browsing this topic: None
Jump to: