Sole trader - Credit check you or the company?

[iceland101]

Hi
I am buying a contract phone this weekend, I have a business account and have a crad with my company name on it. my question is, will the phone company credit check me personally and my credit history or my company?

Thanks

 

[Shaun_Pearce]

iceland101,

Don't move! You're the 4th person I've seen today looking for a new mobile phone on this forum.

Take a minute and read what I have to say and see what you think.

UES LTD provide bespoke solutions to businesmen such as yourself to find the phone thats best for your needs. Would you consider having a free comparison from me so that you can clearly see what you can get for your money before you start hunting.

This comparison will highlight what you can get for your money and ensuring you are getting exactly what you need and not what a provider thinks you should have(which will always cost that extra fiver a month).

Will you take this opportunity to have a free comparitive review from UES to aid your search?

Literally no strings, No obligation. Just see what you can get.

I deal with a number of subjects providing solutions including gas, electric, water, waste and including telecommunications. With the relationship UES has with suppliers I'm confident I can give you something to think about.

Cheers

Shaun

 

[iceland101]

Am happy to chat......but still need to know the answer to my question as will be buying various products for the business and wondered what the scenario was?

 

[JamesCartwright]

When you say 'company', do you mean your trading name? Being a sole trader is different to being a company (which usually means a limited company, which is a separate legal entity to yourself).

If you are a sole trader, I think they will credit score you. It may be different if you were director of a limited company though.

James.

 

[Shaun_Pearce]

I've dropped you a quick message in your private messages.

I'll just ask my telecommunications analyst your question 1 second.

 

[Shaun_Pearce]

The answer to your question is as follows.

If you are a sole trader then you will be credit checked as an individual. If you are anything else such as a limited company or a registered charity then the company will be checked.

As it stands you will have a consumer credit report run on you which as you know will affect your credit score.

I hope that helps

 

[GRDCredit]

What he said ^^^^^^^^^

 

[Shaun_Pearce]

Morning Geoff.