Verizon is an American network operator, used to operate as a separate division of Verizon Communications under the name ‘Verizon Wireless.’ In the year 2019 reorganization, the company moved services and wireless products to other divisions that are ‘Verizon Consumer’ and ‘Verizon Business,’ which led to an end to using the ‘Verizon Wireless’ name. It is the largest wireless carrier service provider in the United States and had around 121 million subscribers near the end of 2021. of an American telecommunications firm called Bell Atlantic will soon become Verizon Communications, and Verizon Communications bought Vodafone, a British multinational telecommunications company, its 45 percent stakes in 2014 leading it to become the sole owner of Vodafone. Verizon operates a 4G LTE network and covers about 99 percent of the United States population.

Credit Bureau Used by Verizon

If you want to sign up with Verizon to be your mobile provider, your credit will have to be checked before you are a member of Verizon. Now, it is an advantage to know what credit bureau is used by Verizon. Verizon can pull from any of three credit bureaus that are Equifax, TransUnion, and Experian.  Officially it is stated that the company can pull from any or all of the mentioned bureaus. Still, with some research, the help of ex-employees, and customers’ experience, it can be said that Verizon mostly prefers Equifax as its preferred credit bureau. If you want to gain more information on how your credit may impact, if you are eligible for getting the mobile phone service or not, then that is what his article is all about, and you are at the best place.

The Reason to Care About the Credit Report

Many readers and customers might question, why do we even need to care about the Credit Report? You should be caring about the Credit Report because it plays the main role in whether you are eligible to be a customer of Verizon or not. To be precise, it can affect whether you qualify for a phone plan at Verizon or not. There is no doubt that every bureau uses the same source data for generating your credit report, yet there might be some minor differences among them. Let us take an example one bureau may have records of an application, whereas others don’t. This can impact your score, and if you know what credit bureau will be used when you are trying to sign up at Verizon, you will be able to make sure that the report is perfect, and you can increase the chances of being eligible to be a customer of Verizon.

A Hard Pull

A customer might be wondering about the fact that one credit bureau may have records of a credit application and others don’t. Whenever you decide to get a loan, a lender is going to look at your credit report. The lender does this with the help of a credit bureau and will make a hard pull at your report. A credit bureau the lender chooses to work with will send a copy of your report to the lender. The credit bureau will make a note of the hard pull that occurred at your credit file, which will impact your score. Your credit score will decrease by a few points whenever a hard pull happens. Hard pull records are kept for a minimum of two years. When the lender makes a hard pull at your credit score of one of the credit bureaus, your credit score may be different at other credit bureaus. Verizon can also decide to make a soft pull; this will allow the company to check your credit score and report without impacting your score.

Credit score affect Your Eligibility

Generally, everyone thinks that their credit scores can only impact their loans. Still, coming halfway through the article, you know that it can also affect your ability to be eligible for phone service. This fact could be surprising for many people; still, somehow, it makes some sense too. With the help of a loan, you get money upfront from the lender and promise to pay it back in a specific period. In the same way in a phone service, providers like Verizon provide you with the service upfront, and you promise to pay for it every month. So, one can say that the agreements for paying a monthly phone and contract for a loan are pretty much similar, and in the case of bad credit, the phone service provider can decide whether you will be able to pay their monthly bill or not.

Conclusion

In the end, it all comes down to how do you manage your loans; if you are always paying them back on time, your credit score might not be much affected by it and remains a good score. Also, knowing what credit bureau the company pulls from can help the customer a lot and increase their chances of being eligible for the service. Remember that Equifax Is the bureau from which Verizon will most likely pull. So it is a good idea to maintain a good score at Equifax Q1 Does Verizon make Hard or Soft pulls? It cannot be really told what type of pull will the company make, but you should always assume the worst case, which is a hard pull here and be ready for that. Moreover, hard pulls are the checks a company makes in almost every case. So, it is best for you to be ready for that one. Q2 How do I improve my credit score? The best method for improving your credit score is by paying down the balances.