How many contracts

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Ian Bailey - 08 Oct 2003 20:34 GMT

Hi all,

Rwading up on various posts on various phones, it seems that cheap
handsets can be had by signing up to new contracts. I've got two
Orange contracts, but many posters appear to have many more than that.

I have a few questions about multiple contracts-

1. How many contracts do networks allow you to have?
2. Can you pay off all 12 months in advance and walk away with the
handset?
3. If you can pay up front, can you then act as if 12 months are up
and cancel the contract?
4. Do these cancelled paid-off contracts make any impact on credit
checks for more contracts?

Sorry if these are moron questions, but despite having had a mobile
since 1995 I am only just getting into the idea of having new handsets
when they come out as opposed to waiting until upgrade time.

Cheers
Ian

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Tariq - 08 Oct 2003 21:07 GMT

> 1. How many contracts do networks allow you to have?

Depends on the result of your credit reference check if you are a new
customer, or if you're an existing customer, the payment history of your
account (or seemingly for T-Mobile your monthly spend - if your record is
too low then don't count on them ever wanting your customer again if you
cancel... :)

> 2. Can you pay off all 12 months in advance and walk away with the
> handset?

Yes, but you'll need to pay all outstanding charges - i.e. the 12 months at
whatever your line rental is. You may be subject to clawback if you
disconnect within the clawback clause period as specified by the dealer.

> 3. If you can pay up front, can you then act as if 12 months are up
> and cancel the contract?

Yes, as above - T-Mobile give 5% off for yearly payment I believe.

> 4. Do these cancelled paid-off contracts make any impact on credit
> checks for more contracts?

I shouldn't imagine so - your account should be fully paid up and hence will
show as a good rating - i.e. two month's on time payment = 00 (however if
you paid across the full 12 month's and paid on time each month then you'd
have 000000000000).

> Sorry if these are moron questions, but despite having had a mobile
> since 1995 I am only just getting into the idea of having new handsets
> when they come out as opposed to waiting until upgrade time.

Don't worry, you might end up like me and have 6 Orange contracts and one O2

Tariq

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hairydog@despammed.com - 08 Oct 2003 21:40 GMT

>1. How many contracts do networks allow you to have?

I have about seven or eight Orange phones, two of them PAYG.

>2. Can you pay off all 12 months in advance and walk away with the
>handset?

You can walk away with the handset in any case. The contract is a
separate entity.

>3. If you can pay up front, can you then act as if 12 months are up
>and cancel the contract?

I think so. Can't see much point, though. Why pay early?

>4. Do these cancelled paid-off contracts make any impact on credit
>checks for more contracts?

Who can tell?

Iain

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Webmaster - 08 Oct 2003 21:40 GMT

Ian Bailey reckoned that:

> 1. How many contracts do networks allow you to have?

Depends on your credit status, and what direction the wind is blowing.

> 2. Can you pay off all 12 months in advance and walk away with the
> handset?

Yep.

> 3. If you can pay up front, can you then act as if 12 months are up
> and cancel the contract?

Yep.

> 4. Do these cancelled paid-off contracts make any impact on credit
> checks for more contracts?

No. When you are credit searched, only the fact that you have been
searched, and who made the search is recorded. The outcome is not recorded
as it is the remit of the creditor (i.e. the mobile network).

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