Carrier If you upgrade on Verizon to a new iPhone with the 24 monthly payments deal. Will it be a hard pull

[DBZmusicboy01]

I have an upgrade available but when I checked.
They took out the 2 year contract plan.
What will happen to my credit score if I do the monthly payments deal ?
It's a upgrade but I am worried.

 

[Newtons Apple]

Depends on how many “pulls” you have had.

 

[DBZmusicboy01]

Depends on how many “pulls” you have had.

I am upgrading on my Verizon number and I was wondering if using the monthly device payment would cause them to do a credit check. Just for upgrading?

 

[Newtons Apple]

I am upgrading on my Verizon number and I was wondering if using the monthly device payment would cause them to do a credit check. Just for upgrading?

Consumer credit accounts are not a big plus on credit records unless you have little to no credit.

 

[DBZmusicboy01]

Consumer credit accounts are not a big plus on credit records unless you have little to no credit.

Could you explain more on how that works? And I did a contract extension what I am only worried about is credit score being lowered by an inquary.

 

[dontwalkhand]

I am upgrading on my Verizon number and I was wondering if using the monthly device payment would cause them to do a credit check. Just for upgrading?

They do not re-pull for upgrades.

 

[Newtons Apple]

Could you explain more on how that works? And I did a contract extension what I am only worried about is credit score being lowered by an inquary.

I do not know if they do or not. Others here say no.

 

[blairh]

I have an upgrade available but when I checked.
They took out the 2 year contract plan.
What will happen to my credit score if I do the monthly payments deal ?
It's a upgrade but I am worried.

I believe the only hard or soft pull is when you first sign up for service. Once you are a customer in good standing I don't believe any pulls are done if you stay with your carrier and switch plans, upgrade your device, etc.

 

[naturalstar]

Verizon doesn’t re-pull for upgrades as far as I know. I’ve never experienced it. They are quick to let me know when I am upgrade eligible and have never given me a problem if I wanted to upgrade, add a line, or purchase another device.

If things look weird through the app regarding my eligibility, plan, or payment options, I generally call in to get clarification.

 

[Samantha124]

I’ve never had Verizon pull my credit for a new upgrade. Maybe they do a soft pull but I doubt it.

 

[cbreze]

Once a customer with a good Verizon history there is no credit check for doing an upgrade on a two year payment plan.