Reply
New Contributor
Posts: 64
Registered: ‎11-23-2007
0

Verizon Wireless Credit Check?

Does anyone know what Verizon Wireless requirements are for new service?  I'm currently an AT&T customer but I hate the service.  I want to make the switch to Verizon but I want to be prepared for the worst.  Is there a particular credit score they are looking for?  If so and you don't meet that score, what is the deposit amount?  Any help is appreciated!  Thanks!

Starting scores in 2007: sub 600
April 2011 scores: EXP - 662; EQ - 683; TU - 675
June 22, 2011 scores: EXP - 662; EQ - 694; TU - 685
June 29, 2011 scores: EXP -681 ; EQ - 694; TU - 710
Goal: 700+
Frequent Contributor
Posts: 437
Registered: ‎05-21-2011
0

Re: Verizon Wireless Credit Check?

If your scores are anything close to your signature and you have no recent baddies, you should have no trouble.


Starting Score: 596 EQ 5-22-11 / 554 TU 5-23-11
Current Score: 615 EQ 08-15-11 / 631 TU 09-27-11
Goal Score: 700+


Take the FICO Fitness Challenge
New Contributor
Posts: 64
Registered: ‎11-23-2007
0

Re: Verizon Wireless Credit Check?

Thanks for the response, stanggt03.  Those were my scores pulled just last month.  I do have 2 collections items from 2009 and a 30 day late in 2009.  Hopefully that isn't too recent to be considered negatively. 

Starting scores in 2007: sub 600
April 2011 scores: EXP - 662; EQ - 683; TU - 675
June 22, 2011 scores: EXP - 662; EQ - 694; TU - 685
June 29, 2011 scores: EXP -681 ; EQ - 694; TU - 710
Goal: 700+
Frequent Contributor
Posts: 437
Registered: ‎05-21-2011
0

Re: Verizon Wireless Credit Check?

You should be fine.

Starting Score: 596 EQ 5-22-11 / 554 TU 5-23-11
Current Score: 615 EQ 08-15-11 / 631 TU 09-27-11
Goal Score: 700+


Take the FICO Fitness Challenge
Frequent Contributor
Posts: 278
Registered: ‎08-06-2010
0

Re: Verizon Wireless Credit Check?

You'll be fine.  I got a verizon account a while back when my scores weren't the best.  Also, they would only require a deposit, they wouldn't flat out deny you ever so say 2 reps I spoke with


Starting Score: 584TU / 580EQ
Current Score: 670 TU / 680EQ
Goal Score: 720 TU / 720 EQ


Take the FICO Fitness Challenge
Established Contributor
Posts: 793
Registered: ‎08-02-2008
0

Re: Verizon Wireless Credit Check?


stanggt03 wrote:
You should be fine.

+1.

FICO: EX: 752 (4/15); TU: 754 (3/15); EQ 732 (3/15)

In My Wallet: Amazon X 1 | Amex X 5 | Barclays X 2 | BOA X 1 | CapOne X 3 | Chase X 5 | Citi X 6 | DCU X 1 | DinersClub X 1 | Discover X 1 | Fidelity X 1 | Fifth Third X 2 | Macys X 1 | PenFed X 2 | PSECU X 1 | Sams Club MC X 1 | Target RedCard X 1 | USAA X 2 | US Bank X 1 | Walmart X 1 | Wells Fargo X 1

Holding off apps until the end of the year! Wish me luck!
New Contributor
Posts: 64
Registered: ‎11-23-2007
0

Re: Verizon Wireless Credit Check?

Awesome, thank you all for your responses.  I get a little anxious about things like this because my fear is that I would be flat-out denied and embarassed in front of a whole store.  Thanks for easing that anxiety!

Starting scores in 2007: sub 600
April 2011 scores: EXP - 662; EQ - 683; TU - 675
June 22, 2011 scores: EXP - 662; EQ - 694; TU - 685
June 29, 2011 scores: EXP -681 ; EQ - 694; TU - 710
Goal: 700+
New Contributor
Posts: 140
Registered: ‎04-03-2009
0

Re: Verizon Wireless Credit Check?

You definitely won't be denied -- they'll just pull your credit (hard inquiry on EX & TU for me) and run it through their evaluation system, which will determine what kind of deposit you would require, if any.

 

I'm in the 400s-500s score range and they asked me for a $400 deposit to start a contract/get a phone two months ago.

 

I don't think it's possible to get denied unless you've been blacklisted due to past issues with them... they just hike up the deposit according to how 'bad' your credit is. The good thing is that they give you back your deposit with slight interest after 12-14 months. But you have to keep your payment history absolutely impeccable.

 

 

-Renata ~ on a positive credit quest.
It's a long road...
TODO: Paid off all outstanding debt 12/10 :: Correct all inaccurate items on CRs (ongoing) :: Send out letters of GW 6/24 :: Save for deposit on secured CC (ongoing) :: Apply for secured CC :: Get TU FICO :: Get EX FICO :: Get EQ FICO :: Choose longterm CMS
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.