Did you choke on your coffee on reading that? Were you like, what the hell is this guy talking about? If yes, then let me let you in on a little secret. Having no credit score to talk about is just as worse as having a poor credit rating. Lenders and mobile providers use credit scores as a way of determining how you’ve handled your finances in the past. As such, if you don’t have a credit score, it means that they have no way of determining whether you are prudent in handling finances or not.
The resultant effect is that you won’t be approved for a loan or even a mobile phone contract. So how can you build your credit score from scratch when all other standard mobile contracts are hell bent on credit checks? The available option is of course to go for no credit check mobile phone contracts and build your credit score from scratch. However, you need to pay your monthly obligations diligently and without defaulting if you want to build a good credit score that will help you in the future to get a good deal.