Applying for iPhone 5 contract?

Hey i'm going to apply for a iPhone 5 on contract with t-mobile and i have a very bad credit rating, i was just wondering what type of factors they take into account when analysing your credit rating? Does the higher the deposit you pay on the phone help? Any information would be much appreciated!

Contract iphone 5 on T-mobile? I've never heard of such a thing. If you have T-Mobile and are looking to use an iPhone on their network you'll first need to find an unlocked one on EBay, Craigslist, Apple store (Which will be a lot more than the Subsidized $199-399 price point, since its not tied to a contract). Then you'll need a Nano Sim from T-Mobile. Typically it'll be things that you were either late on or on time/early on paying back, if you've ever ran out on any of your bills, etc. Depending on your credit score is what will determine how high your deposit will be as well as if you even get one or not. If it doesn't work with T-Mobile you should try At&T. Oddly enough I had to pay a deposit with T-Mobile yet on AT&T and Verizon's sites I didn't have to pay anything besides the phones!

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