Additional contract for existing customer- how strict is credit check?

[Anonymous]

Hi

I am looking to get an iPad+contract to run alongside my mobile contract. However, my credit rating is poor (though my financial situation has improved and I have no outstanding debt). My payment history with O2 is excellent.

My question is; will payment history with O2 make much difference when applying for credit with them?

Thanks in advance!

[MI5 · Accepted solution]

Yes, they will take into account your record with O2 as well as your score from credit reference agencies.

[Anonymous]

Thanks for the response. Any idea how much of a weighting it is? My credit rating alone would guarantee being declined.

[MI5]

Unfortunately I have no idea - There are preset questions that need answering in a computer prog and it decides yes or no.