Does Verizon Run A Credit Check? (Why They Run A Check + Minimum Credit Score Requirements)

So you have decided to switch to Verizon because of the better coverage that it provides to cell phones or it is due to the fact that Verizon is offering special deals on certain phone or it is because of the superior quality service.

In case you missed it, Verizon is not run by the same company that runs the credit card company I use. The two companies are completely different. Verizon’s website also mentions there is no credit check.

Does Verizon Run A Credit Check In 2022?

Verizon will perform a credit check on all potential customers to determine the down payment required and will then range in price depending on that score. If your credit score is high, you may not have to pay any down payment at all.

Do you want to find out more about whether Verizon will run a credit check during the setup period? Then you’re in the right spot!

Does Verizon Run A Hard Credit Check?

Verizon runs a hard credit check on any subscribers who are signing up for any plans, meaning that your credit score may drop a few points after this process.

Credit history is one of the most important things that people should check before they apply for a loan. Any company that checks your credit history will see the Verizon credit check inquiry.

Why Does Verizon Run A Hard Credit Check?

Verizon will run a hard credit check to determine whether or not you qualify for its contract plans and want to ensure you have enough money to pay for your service bill each month. This is the same as all other carriers.

Another issue with this is that the company has to look at your credit history to give you a better deal. This can be very problematic, especially if an applicant is applying for a loan.

What’s The Minimum Credit Score Needed At Verizon?

If you want to switch to Verizon, your credit score needs to be at least 650, because the lower your score the higher the $350 deposit you will need to pay, so it is best to keep your score as high as possible when switching carriers.

The minimum deposit is different for the different services, so if you want to use them all, you’ll need to get all of them.

Does Verizon Check Credit Existing Customers?

Verizon will periodically check the credit history of existing subscribers and it will display them in the Customer Portal.

Does Verizon Run A Credit Check When You Upgrade?

The way Verizon is going to ensure that you have the financial ability to buy the new phone for yourself, after you upgrade to the Moto G5, is by checking your credit.

Does Verizon Run A Credit Check To Add A Line?

To add a smartphone or tablet to your account, you might run into the same problem. If you’re willing to switch to a different plan, you might find a way around it.

Can You Get Approved For Verizon With Bad Credit?

It depends whether a cosigner is needed. Verizon doesn’t say and your credit score isn’t very good so I doubt you will be able to get a contract, but in case you can.

You can choose between the best prepaid plan to fit your budget or if you prefer a contract.

What Bureau Does Verizon Use To Check Your Credit Score?

Verizon is saying that we don’t want to use your Equifax credit score because we want to show you only our best score.

How Much Does Verizon’s Credit Check Impact Your Security Deposit?

Since you’re a first time customer, or a customer who is thinking about switching to Verizon, you’ll pay a credit check.

It may be worth not paying the security deposit if your credit score is 650 or above.

Verizon is also taking out a lot of money that’s needed for the development of the new 5G network.

How Does Verizon Check Your Credit When You Purchase Phones Online?

When you’re browsing through a Verizon store, the process of checking your credit score is very simple.

If you have a PayPal account, you’ll have to agree to the Terms & Conditions. If you don’t have a PayPal account, you’ll then have to enter your credit card information to confirm the order.

Then, Verizon runs a credit check of the individual applying for the service.

If you have a perfect credit history then you’ll be able to proceed to the checkout process. On the other hand, if your credit score is bad then you’ll get redirected to the Prepaid phone options.

You can also make your purchase via the phone. Just call to our support team from your mobile phone and they will be more than happy to help you complete the entire process.

You may also want to check out our post on whether or not Verizon accepts PayPal. If you decide to switch carriers or if you pay Verizon to unlock your phone, you will not need a credit card to sign up for a new Verizon account.


Verizon does not run a credit check to ensure that you’ll be able to pay your bill and the monthly lease for your device.

Verizon doesn’t check your credit score before they give you the phone, so it’s likely your credit score isn’t affected. But after one year, the inquiries will be posted on that credit report and will stay there until the next time you apply for a loan or some other kind of credit. After two years, you will be able to check your own Verizon Wireless-related credit report on Experian, Equifax, and TransUnion.

Also, a credit check will be run on each new line to make sure you have a working device to use.

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I have always been a shopaholic. A lot of times my questions went unanswered when it came to retail questions, so I started Talk Radio News. - Caitlyn Johnson

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