Cancelling a phone contract

[Jeros]

Does cancelling a phone contract affect ones credit rating?

Just im stuck with one that is too unreliable for service in this area and its driving me nuts

 

[- English -]

have you spoke to them about it? they can probably change provider or something. Or you can buy your contract out and change phone etc

 

[Marc]

If you cancel it, you have to pay the contract up in full along with a termination fee. If you do this, it will not effect your credit rating. If you just cancel and dont pay it in full, then this WILL effect your rating.

 

[Laddey]

What Marc said.

I canceled the direct debit of my contract, it totally fucked me up. I can't get credit for shit, i cant even get credit from loan sharks.


I also have debt letters coming through the door for like £611. Fucking shit my knickers, but now we notice which are debt letters and they go back with ''Not at this address'' olowned

 

[Helme]

What Marc said.

I canceled the direct debit of my contract, it totally fucked me up. I can't get credit for shit, i cant even get credit from loan sharks.


I also have debt letters coming through the door for like £611. Fucking shit my knickers, but now we notice which are debt letters and they go back with ''Not at this address'' olowned

More like ololselfowned.

 

[Marc]

Little O/T here, and I dont want to make Mey top himself, but if any of you, have balances on credit cards, loans or catalougues, that you applied for on the internet, request a copy of the CCA. By law they have to provide it within 12 days. If they cannot provide you with a signed copy of your CCA, then wahey, the debt is unenforcable and you dont have to pay it. The longer ago you did it, the more chance of there not being a signed CCA in place. I think most banks picked up on this law, around 2006.

A client of mine, had close to £140k in loans and credit cards, all of which she applied for on the internet. Not one company could provide a signed CCA. Jammy cow doesnt have to pay a penny back!

 

[Laddey]

Little O/T here, and I dont want to make Mey top himself, but if any of you, have balances on credit cards, loans or catalougues, that you applied for on the internet, request a copy of the CCA. By law they have to provide it within 12 days. If they cannot provide you with a signed copy of your CCA, then wahey, the debt is unenforcable and you dont have to pay it. The longer ago you did it, the more chance of there not being a signed CCA in place. I think most banks picked up on this law, around 2006.

A client of mine, had close to £140k in loans and credit cards, all of which she applied for on the internet. Not one company could provide a signed CCA. Jammy cow doesnt have to pay a penny back!

lol nice.

So really, i could ring O2 and ask for this CCA thing and if they dont give it me in 12 days they can suck my ass?

 

[Marc]

lol nice.

So really, i could ring O2 and ask for this CCA thing and if they dont give it me in 12 days they can suck my ass?

You have to write to them, in a certain manner. Like, at the top of your letter you need to state in big fuck off bold letters

"IN NO WAY DO I ADMIT TO ANY DEBT WITH YOUR COMPANY"

or something like that. If they dont provide it in 12 days, THEY are in default and you stop making payments. They then have 30 days, if they dont provide it in 30 days, they are breaking the law and you can tell them to get fucked. However, if they somehow magically provide it a year later, the debt is enforcable again, but if they cant provide it in 42 days, they arent gonna provide it in a years time.

However, just cos its unenforceable, doesnt mean it will be wiped off your credit file, so its probably only best used, by people who are close to bankruptcy. But if you have no itention of paying the £611 anyway, its worth a shot, it will at least stop the debt letters and if they carry on, you can sue their asses for harrassment.

 

[soze]

Another option if you are far enough into your contract is changing it to a lower contract. Some offer contracts for as little as £10 a month then you can sit it out and get another contract rather than paying it off in full. This is not always an option if you got a contract with a really high end phone.

 

[Dreamor]

Another option if you are far enough into your contract is changing it to a lower contract. Some offer contracts for as little as £10 a month then you can sit it out and get another contract rather than paying it off in full. This is not always an option if you got a contract with a really high end phone.

Most company's allow you to do this after 8-9 months, but check with your provider first.
Its a complete waste to pay up front, your paying for the phone anyway... just use it up

 

[BobbyJewells]

I'm looking to cancel my phone contract with orange because I'm going back to college so obviously i'm unemployed atm. But to me it sounds like it'll just be more worth while to finish the contract's alotted time and then don't bother with it again.