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Johnh112
Level 1: Joiner
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What consequences if I break my contact early

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jonsie
Level 94: Supreme
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You will obviously have termination fees to pay

O2 will, if necessary , pass any debt to a collection agency

A default will be recorded on your credit file and will remain on there for 6 years

You would find it difficult if not impossible to take out a contract with any supplier and will make difficulties in any mortgage application

Speak to O2 about any payment plan you feel would help

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jonsie
Level 94: Supreme
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You will obviously have termination fees to pay

O2 will, if necessary , pass any debt to a collection agency

A default will be recorded on your credit file and will remain on there for 6 years

You would find it difficult if not impossible to take out a contract with any supplier and will make difficulties in any mortgage application

Speak to O2 about any payment plan you feel would help

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pgn
Level 77: Grand Master
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In addition to @jonsie's advice above, if you wish to terminate early, which can be costly, look here @Johnh112:

Guide: Cancelling Your Contract 

Good luck.

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