Thinking of switching to Verizon - credit check question

---

If I buy a Thunderbolt off contract and pay full price, will I need to have a credit check? Normally I wouldnt care I have top tier credit, however, I just took how a huge car loan for a new car and I dont have confidence in that nor do I want it hit again. So will the check credit if im moving over from AT&T and porting my number?

Thanks

Not sure as I haven't had them check me for a while, but I'm pretty sure that whenever you get a contract with them for service, they'll check you regardless.

Originally Posted by Russ36363

Not sure as I haven't had them check me for a while, but I'm pretty sure that whenever you get a contract with them for service, they'll check you regardless.

Wouldnt be signing a contract if I bought the phone outright though. You only sign a 2 year contract when they subsidize it.

Russ is correct, if you're signing up for POST paid service (ie., you pay a bill for last month's usage) they are definitely going to credit check you. I opened a new VZW account yesterday (but subsidizes the phone) and they took my social number and waited a few seconds for approval.

I don't think inquiries like the phone company are going to be a negative impact on your credit score, especially if you have "excellent credit" ratings already.

VZW will check your credit for a new account on contract. They will also try to run your credit even if you're going to buy the phone outright. It wont affect anything in that case, however, and they don't actually need your SSN. They can go without it, but the system will ask them for it to start a new account.

@distortedloop: VZW actually bills a month in advanced, even on a contract. To clarify, your monthly access(I.e. plan) will be charged a month in advanced but any charges from overage will be from the month before.

Sent from my SCH-I500 using XDA App

Originally Posted by unremarked

VZW will check your credit for a new account on contract. They will also try to run your credit even if you're going to buy the phone outright. It wont affect anything in that case, however, and they don't actually need your SSN. They can go without it, but the system will ask them for it to start a new account.

@distortedloop: VZW actually bills a month in advanced, even on a contract.

Sent from my SCH-I500 using XDA App

Well my concern is that I wont pass the credit check being that I just took out a big car loan. My credit was top notch BEFORE taking the large loan, so now it might be futile to try to switch. I hate AT&T bottom line lol...

Originally Posted by psufan5

Well my concern is that I wont pass the credit check being that I just took out a big car loan. My credit was top notch BEFORE taking the large loan, so now it might be futile to try to switch. I hate AT&T bottom line lol...

VZW deposits are $125 and $400 at the most respectively and you get them back after the first 12monthes with 3% interest.

My recommendation to you is to go to a store and find out for sure if you'll have a deposit. Running a credit check wont disconnect your AT&T service or anything.

Sent from my SCH-I500 using XDA App

Originally Posted by unremarked

@distortedloop: VZW actually bills a month in advanced, even on a contract. To clarify, your monthly access(I.e. plan) will be charged a month in advanced but any charges from overage will be from the month before.

Okay, but interesting that I didn't have to pay a month in advance when I opened an account yesterday. (Edit: No deposit required either...I walked out the door for price of phone and taxes (and activation fee I think) only.)

Does this mean I'll get a bill for two months' service next month?

Originally Posted by distortedloop

Okay, but interesting that I didn't have to pay a month in advance when I opened an account yesterday. (Edit: No deposit required either...I walked out the door for price of phone and taxes (and activation fee I think) only.)

Does this mean I'll get a bill for two months' service next month?

Short answer: yes.

Long answer: not really and your sales rep should have explained. Your first bill will be higher than all the others. You'll be prorated for whatever's left before the end of your billing cycle. So if your billing cycle ends on the 15th, and you activate on the 10, your first bill will be 1month+5 days prorated. Billing cycles are randomly assigned by the system and don't necessarily correspond to when you activate. Hope I explained that adequately.

edit: one of your reciepts should give you more info and exact numbers. Btw, nice to see a familiar name from the Nexus S forums.

Sent from my SCH-I500 using XDA App

I'm not trying to rain on Anyone s parade but if you just simply buy the phone outright they will not check your credit. However, to get the service on the phone there will be some type of credit check